By area, prices have increased the most in Bizkaia (9.8%), followed by Álava (6.5%) and Gipuzkoa (5.8%). However, the latter still has the most expensive rental prices, at 16.1 euros per square meter.
The price of rental properties in the Basque Autonomous Community increased by 9% in 2024, the year in which the value of the square meter of rent reached 14.4 euros per month, according to the latest report from idealista.
This data represents a quarterly increase of 1.8% and a monthly increase of 1.2%, bringing the previous one to the historical maximum for rent in Álava, Bizkaia and Gipuzkoa, as the company that conducted the study has data.
The past year has been the monthly rental prices The number of rental properties has increased in all historical areas, with Bizkaia (9.8%) in the lead, followed by Álava (6.5%) and Gipuzkoa (5.8%). The latter is the most expensive area, at 16.1 euros/m2, followed by Bizkaia (14.1 euros/m2) and Álava (11.6 euros/m2).
Under the Basque capitals The upward behavior of the provinces of the past year is repeated. Prices have increased in Bilbao (9.2%), in Donostia-San Sebastián (7.2%) and in Vitoria-Gasteiz (6.1%).
The cheapest capital is Vitoria-Gasteiz, at 11.9 euros/m2, while the most expensive is Donostia-San Sebastián, at 18 euros/m2. In the middle is Bilbao (14.9 euros/m2), which is reaching its historical maximum. As in the rest of the municipalities analyzed by idealista, rents increased in Barakaldo by 14.1% and in Getxo by 5.3%.
In the case of NavarreRents rose by an average of 6.6% in 2024, with an increase of 2.8% on a quarterly basis. As for the price per square meter on the territory, it amounted to 10.5 euros. In turn, prices in Pamplona rose by 7.4%, reaching 11.2 euros per square meter, below the capital of Alava.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
