prices rents do not cease and they continue to climb despite the Government’s attempts to limit price increases. Waiting for now to see when the new Housing Law comes into effect and what its real effects will be – although it’s still months at best. The increase in new rents does not fall below two digits In Alicante, which remains one of the most inflationary provinces in this area.
In this sense, in April alone, the average rental amount in Alicante has become 5% more expensive, which is already an annual increase of 24.6%, According to data published by Fotocasa portal on Tuesday. This figure is well above the national average of 7.3% and the regional average of 16.5% for the same period.
Actually, This is the third largest increase in the entire country.According to the same sources, the annual increase was recorded in the Balearic Islands, where it reached 32.5% and in Tenerife with 26.4%.
With this increase, the square meter price €10.47 the average income across the province as a whole, i.e. An 80-meter apartment already costs 837 euros, an amount increasingly accessible to fewer people, and this reflects well the problems of accessing housing registered in the main towns in the region, especially by young people and more modest households.
On the basis of municipalities, the biggest increase in the last year was recorded in municipalities. Benidorm, up to 15.77 euros, where prices increased by 46.2% according to the portal in question. when it comes to the city Alicante The 23.2% increase is also significant and is already around 1.7 euros per square metre.
in his name Elche Rents are 19.6% more expensive than in April last year, but still much more affordable than in previous years at 7.68 euros per square metre.
As with sales prices, inland regions where demand is less high, a discordant note is recorded. so, in alcohol median income fell by 12.2% over the last twelve months to 5.89 euros.
At the national level, rental costs increased in all autonomous regions except Castilla-La Mancha, where they fell by 5.5%. In six of them he did it more than 10%.