<\/p>\n
Average rental prices in Spain continue to rise. In August, they rose 10% year-on-year. According to the Spanish property portal, this was the third month in a row with double-digit increases. The increase in rents in August is the third highest after a 10.5% increase in May and 10.2% in April. Average rental rates in Spain fell 0.1% from July to August.<\/p>\n
But rental costs are still well below their peak in 2007. The monthly average is currently \u20ac8.08 per square metre. In May 2007, it was \u20ac10.12 per square metre, making today's prices a further 20.3% cheaper.<\/p>\n
In August, monthly rents increased in 10 regions of Spain, and have increased in 16 regions over the year. The highest rates were in Catalonia (18.2%), the Canary Islands (11.3%), Madrid (11.2%) and the Balearic Islands (10.4%).<\/p>\n
The regions with the lowest rental rates are: Extremadura (2.6%), Aragon (2.7%), La Rioja (2.9%), Asturias (3%), Castile (3.3%) and Murcia (3.5%).<\/p>\n
The highest rental rates are in Catalonia, which is the most expensive region to rent at \u20ac12.13 per month. Next are Madrid (\u20ac11.66) and the Basque Country (\u20ac10.8). The most affordable areas to rent are Extremadura (\u20ac4.78) and Castilla-La Mancha (\u20ac5.03).<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Average rental prices in Spain continue to rise. In August, they rose 10% year-on-year. According to the Spanish property portal, this was the third month in a row with double-digit increases. The increase in rents in August is the third highest after a 10.5% increase in May and 10.2% in April. Average rental rates in\u2026<\/p>\n","protected":false},"author":1,"featured_media":794843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[258,259],"tags":[],"class_list":["post-293775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investors","category-ispaniya"],"yoast_head":"