The price of rent in the regions of Girona marks a “new record”

by time news

2023-07-10 10:52:29

The rentals to them Girona counties have closed the first quarter of the year marking a “new record“, according to the report prepared by the Chamber of Urban Property of Girona based on the registered bail data. The study reveals that the most marked increase is a Girona citywhere to pay for a rental property 33% more expensive in the last 15 years. Between January and March 2023, the average rent in the capital is 763 euros, 14.3% more than a year ago. This means that from one year to the next, it is valid about 100 euros more per month During the first quarter, 733 contracts were registered in Girona, a figure slightly lower compared to the last quarter of 2022.

The Chamber of Urban Property of Girona has published the quarterly report on the price of rent. The data confirms the acceleration of the last five years and continues to register “a record” price since the housing crisis of 2008.

Girona is the city that achieves a higher increase, specifically 14.3% in one year. Currently, the average rental price and 762,28 euros, although a year ago it was nearly 100 euros less. An upward trend that is similar to the rest of Girona’s population. Both a Fig trees i Olot the average price has increased by 13% in a year, standing at 544 and 540 euros respectively.

In the coastal area, which includes the prices of Sant Feliu de Guíxols, Platja d’aro, Calonge i Palamósa flat rents for around 705 euros, almost 11% more than in the first quarter of 2022. Both in Girona and on the coast, the price is similar to the Catalan average, excluding the city of Barcelona.

The trend, however, is not uniform when compared with the figures of the previous quarter. The rental market report shows that the capital has experienced an increase of almost 10%. In other areas, growth has not been so pronounced. In relation to the last quarter of 2022, the rent in Figueres and Olot has grown by 3% while on the coast the average price has remained practically the same.

During the first quarter of 2023 they were registered 733 contracts in the city of Girona, a figure slightly lower compared to the last quarter of the previous year. Most of the contracts signed have been for a price of between 600 and 750 euros for a home with an average surface area of ​​81 square meters.

15-year perspective

The report of the Chamber of Urban Property of Girona shows that the price of rent maintains a practically sustained recovery since the real estate crisis. If in 2008 a flat was rented on average in Girona for 569 euros, in 2018 for 597 up to 762 euros in the first quarter. On a global scale, rent has grown by 33% in 15 years in Girona. A change in rental prices that is higher than the CPI for that period.

On the other hand, the rest of the towns show an increase in rental prices lower than the change in the CPI. Figueres is the municipality that has experienced the least increase: the price in 2023 is only 7% higher than the average in 2008, taking into account that it has gone from 507 to 544 euros. In Olot, in 2008 the average price was 433 until reaching the current 540, which represents a growth of 24%. Finally, on the coast the increase has been 19%: from 592 in 2008 to 705 in 2023.

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