The rental market in Spain continues to show contradictions such as the differences between its territories. According to data from Arajthe leading company in Legal defense insuranceThe Balearic Islands top the price ranking with an average income of 983 euros per monthfollowed by Malaga (€884), Gipuzkoa (€879), Madrid (870 euros), Biscay (Euro 800) and Barcelona (798 euros).
Six provinces share the same common denominator: Great economic dynamism, job opportunities and tourist attractionFactors that increase demand for rental housing and, with it, prices. Moreover, Expansion of vacation rentals Its high profitability compared to residential properties contributes to the pressure on amounts for those looking for a permanent home.
When the price does not rise: more affordable provinces
At the other end of the map, Lyon (458 euros), Badajoz (472 euros), Zamora (479 euros), Lugo (497 euros) and Ourense (502 euros) They show the lowest rents in the country. The areas where it is located Population aging and Loss of population They reduce demand for housing, making prices more stable and accessible.
New investment poles
The rise of real estate investment with large capital is shifting the pressure towards… Medium sized cities like Valencia (671 euros), Seville (656 euros) and Zaragoza (613 euros). Although it is still below the level The national average is €725 per monthIts upward trend indicates growing interest from both residents and investors.
Differences between autonomous communities
Depending on the communities, the panorama is repeated: Balearic Islands It leads the average price, followed by Madrid, Catalonia and the Basque Country. And at the far end, Extremadura, Castilla-La Mancha, and Castilla y León They have the lowest prices.
ARAG highlights that organizational differences, Such as managing vacation rentals or declaring “stressed areas” greatly influence the development of prices, as they vary depending on each one. Autonomous community or town hall.
Safety, more important than ever
With an increasingly competitive and changing rental market, both landlords and tenants are looking for properties Legal security and peace of mind. Therefore, insurance ARAG rental Protect the owners Non-payment, damages or legal disputes Derived from lease contracts.
A solution that not only provides confidence, but also enhances A more stable and professional rental market.
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