The report from Pisos.com shows that the average price was 10.49 euros per square meter as “many homes are taken off the market and demand is increasing”
The average rent in Spain increased by 5.11% in 2022 compared to the end of 2021, according to data from Pisos.com published this Monday. For example, the average rent in December was 10.49 euros per square meter, with Barcelona leading the way with rents costing an average of 20.32 euros per square meter.
The most expensive communities to rent were the Balearic Islands (13.85 euros/m²), Madrid (13.76) and Catalonia (12.18), while the cheapest rents were in Castilla y León (4.71 euros/m²), Castilla-La Mancha (5.32). and Extremadura (5.36). The ones that increased the most compared to 2021 prices were the Balearic Islands (18.3% more than a year ago) and the biggest drop was in Navarre (-14%).
Among the capitals, Barcelona was the most expensive (20.3 euros/m2), followed by Madrid (17.7) and San Sebastián (17.5), while Zamora was the cheapest city to rent, with floors averaging about costs 6 euros per square meter. Other economic capitals of the province were Jaén (6.17 euros/m²) and Cuenca (6.23).
Pisos.com Studies director, Ferran Font, assures that the pressure the rental market is experiencing is “very important” because “a lot of supply is falling while demand for tenants is increasing”. According to him, the measures to control prices “dishearten homeowners and become counterproductive” just at a time when purchasing decisions are being postponed, a trend driven by inflation and a less mortgage scenario. explains Font.
“Rent increases have made it impossible for many renters to save to buy a home or at least rent a better home,” the report said.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
