Renting an 80-square-metre home in Spain costs an average of 1,131 euros a month, according to July data from Fotocasa’s Property Index. The average price stands at 14.14 euros per square metre, in a market where differences between regions remain very pronounced.
Although the report points to a year-on-year fall of 1.6% in July, Fotocasa warns that rents remain at historically high levels and that the recent cooling is still insufficient to offset the steep price rises accumulated in recent years.