The average price per square meter in new leases is 9.5 euros. The Basque government has launched a website to inform citizens about the real data on free rental contracts in the Basque Country.
Euskaraz irakurri: EAEko alokairu berrietako batezbesteko prezioa 711 eurokoa da
The half the price of the new free rental signed in the Basque Autonomous Community It is 711 eurosaccording to the latest update of the Rental Market Statistics (EMAL) data, which corresponds to the second quarter of 2021, while the average price per square meter in new leases for housing in the Basque Country, according to the aforementioned source €9.5 It is information that appears on a new website created by the Basque government with the aim of: inform citizens about the real data of free rental contracts in Euskadi The tool was presented this Friday by the Minister of Territorial Planning, Housing and Transport, Iñaki Arriola.
In this way, with the help of this new website, citizens will be able to know the objective data of leases on the free market, geolocated according to their neighborhood (in municipalities with more than 10,000 inhabitants), population, functional area or historical area. In this context, the average price of new rent has increased by 1.4% compared to the second quarter of 2020 and the price per square meter has increased by 1.6%.
In the presentation, counsel emphasized that “in a sensitive subject of interest and concern to a large segment of the population, such as housing, it is useful and easy to have truthful information, which removes uncertainties and counteracts speculation, in order to make informed decisions.” . For this reason, and to facilitate the monitoring and decision-making in public housing policy, the Ministry has created both the EMAL and the new website, which also contains information on the evolution of seasonal house prices, as well as on the buildings.
The purpose of the EMAL is to publish the number of deposits and the monthly rent associated with free rental contracts for housing in the Basque Country. The statistics make use of the data collected in the Register of Deposits and Leases in which, since 2015, a deposit is required for each lease. According to data from the second quarter of 2021, there are 67,033 free rental contracts in the register, of which 64,123 correspond to ordinary residences; the rest are seasonal or single-family homes.
Through territories, the average price of new rental housing in Álava is 644.5 euros per month, 704.5 euros per month in Bizkaia and 739.3 euros in Gipuzkoa; when we look at the capital letters of the CAV, the new rents in Vitoria-Gasteiz are on average 671 euros per month, 780 euros per month in Bilbao and 911.4 in San Sebastián.
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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.
