The price of renting frontline beach properties in Spain, has gone up by an average of 10% in the space of a year.
The average weekly cost of renting a front-line beach apartment has gone up from €664 in the summer of 2016 to €729 this summer, they found. That’s an increase of €65 per week, +10% in a year.
There are, as always, substantial regional variations.
Ibiza, once again, is the most expensive place to rent a flat on the beach for a week this summer. They found that an apartment in Santa Eulalia of 100m2 can be rented for €3,400/week, whilst a 70m2 flat on the Platja Den Bossa goes for €2,300/week. In other areas like Sant Antonio, Sant Joseph, and the area around the port of Ibiza, prices range from €1,500 to €3,400 per week.
Holiday-rental prices in the Canaries for a typical 70m2 to 100m2 flat on the beach are lower than the Balearics, typically between €300 and €500/week.
Prices on the Mediterranean coast vary from €1,600/week in Sites south of Barcelona, to as low as €300/week on some beachfront locations in Andalucia, Murcia, and the Valencian Region.
The cheapest front-line apartment to rent this summer found by TecniTasa was in Lugo, in the north, where a flat of 60m2 is available for just €200/week, unchanged from a year ago.