According to property website Fotocasa, the price to rent in the Balearics has risen 66% over the past five years, the highest in the country, with the national average having been 50%. The analysis was from December 2014 to December 2019.
The municipality where there was the greatest increase was Ibiza. The 93% is well ahead of Calvia in second spot - up 46%. In Palma, the only district of the city where there was a decrease was the centre; it was down 22%. The highest increase was 59% in Playa de Palma.
Behind the Balearics were the Canary Islands with a 64% increase. Then came Madrid (63%) and Catalonia (60%). Regions where increases were below the national average included Andalusia (42%) and the Basque Country (30%). Extremadura, with nine per cent, had the lowest increase of all.
The content of comment is the opinion of users and netizens and not of mallorcadailybulletin.com.
Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted');
mallorcadailybulletin.com - reserves the right to remove any inappropriate comments.
Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.