2023-11-19 07:30:49
The rental price in the Girona regions fell by 4.5% in October compared to September, according to the latest data from the Idealista real estate portal. With an average price of 11.8 euros per square meter, renting an apartment, however, remains more expensive than a year ago, since according to the real estate portal rent in the demarcation has shot up almost 10 points in the past 12 monthsspecifically 9.3%.
The real estate portal Fotocasa, however, reveals data that registers more considerable increases. According to Fotocasa, the rental price did not fall from September to October, but increased by 3.1%, with a average price of 12.88 euros per square meter.
In addition, the latest data from this portal place the province of Girona as one of the demarcations in Spain where the price of rent has grown the most in the last yearspecifically 18.2%.
According to Fotocasa, in 49 of the Spanish provinces the year-on-year price of rental housing increased in October 2023. Increases of more than 10% occurred in 17 provinces, according to the Fotocasa Real Estate Index, one of them being Girona.
The order of provinces with year-on-year increases greater than 10% are: Santa Cruz de Tenerife (25.5%), Balearic Islands (21.3%), Valencia (21.1%), Girona (18.2% ), Segovia (17.3%), Guadalajara (15.3%), Teruel (14.8%), Malaga (14.8%), Alicante (14.3%), Granada (13.9%), Cantabria (13.3%), Las Palmas (13.1%), Barcelona (12.4%), Huelva (12.0%), Castelló (11.8%), Ávila (11.5%) and Toledo (10.8%).
As for the prices, only 15 provinces exceed 10 euros per square meter per month. The three most expensive provinces are Barcelona with €17.46/m2 per month, followed by the Balearic Islands with €16.97/m2 per month and Madrid with €16.76/m2 per month.
If we analyze rental prices compared to those of a year ago in Spain, we see that all communities increased the year-on-year price in October. In five communities the two digits are exceeded and specifically in the Balearic Islands up 21.3%. They follow him, Valencian Community (17,2%), canaries (17,0%), Cantabria (13,3%), Catalonia (10,1%), Andalusia (9,6%), Madrid (9,3%) , Basque Country (9,2%), Asturias (9,2%), Castile and Leon (7,6%), Galicia (7,0%), The Rioja (6,6%), Castilla-La Mancha (5,2%), Estremadura (4,8%), Aragon (4,5%), Region of Murcia (3,2%) i Navarra (1,4%).
The price of renting in Spain continues to increase strongly and behind is the mirage of a slowing trend that showed since the second quarter of the year. In fact, the most stressed communities continue to show very significant increasesin double digits, and again reaching historic maximum prices”, explains Maria Matos, director of studies and spokesperson for Fotocasa.
Matos reports that “the problem of imbalance between supply and demand pushes the price up without letting it moderate”. «Faced with a market that is increasingly less dynamic, more compact and very difficult to access, the inequalities and vulnerabilities of citizens with lower incomes are exposedby being expelled from the market, for not being able to cope with these prices”, he adds.
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