According to data from the Fotocasa real estate index, the price per square meter is currently below 8 euros per month only in the cities of Burriana (7.01 euros), Ferrol (7.53 euros) and Elche (7.75 euros).
“Coastal communities have high rental prices due to several key factors. First, their Tourist attraction creates a constant and high demand from both tourists and temporary residents. In addition, the supply of properties in these areas is limited, which increases competition among potential tenants,” explains María Matos, research director and spokesperson for Fotocasa.
The growing interest in renting a house on the coast of Spain has meant that 55% of the coastal cities analyzed by Fotocasa have prices above the Spanish average, which stands at 12.65 euros per square meter per month in June 2024. To CalviaBarcelona city, Sitges and San Bartolomé de Tirajana, the most expensive coastal towns are Laredo (19.51 euros), Donostia – San Sebastián (19.49 euros), L’Hospitalet de Llobregat (19.34 euros), Sanxenxo (18.16 euros), Palma de Mallorca (17.98 euros), Arona (17.47 euros), Vilanova I la Geltrú (17.43 euros), Alboraya (17.37 euros), Benidorm (17.28 euros), Torremolinos (17.11 euros) and Marbella (17.02 euros).
On the other hand cheapest coastal communities to Burriana, Ferrol and Elche are: Algeciras (8.19 euros), Roquetas de Mar (8.21 euros), Castellón de la Plana (8.30 euros), Vilagarcía de Arousa (8.62 euros), Sagunto (8 .63 euros), Pontevedra Capital (8.80 euros). ), Barbate (8.81 euros), Cartagena (8.86 euros), Vera (8.94 euros), Huelva capital (8.94 euros), Puerto Real (9.02 euros) and Almería (9.12 Euro).