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Date Published: 24/01/2022

ARCHIVED - Murcia registers third largest rental price increase in Spain

ARCHIVED ARTICLE

The cost of renting a home in the Region of Murcia increased by 6.4% last year

<span style='color:#780948'>ARCHIVED</span> - Murcia registers third largest rental price increase in Spain

The price of renting a home in the Region of Murcia soared by 6.4% last year, reaching 7.17 euros/m2 per month in December.

This is the third highest increase in all of Spain behind the Balearic Islands and La Rioja, which have both registered a jump of 6.5%.

By province, the annual increase registered in the Region occupies the eleventh position after Huelva, León, Badajoz, Alicante, Málaga, Palencia, Castellón, Almería, the Balearic Islands and La Rioja, while by capitals, Murcia is in ninth place, with an increase in 2021 of 7.40% and a price of 7.40 euros/m2.

The Region of Murcia isn’t alone in this phenomenon, however, as the average price of rentals has increased in 13 of the 17 autonomous communities in Spain. Despite skyrocketing inflation, none have risen by more than 10%, and Andalucía has seen the most modest boost at just 0.1%, followed by Catalonia (0.4%), Aragón (1.6%) and the Canary Islands (2.4%).

Interestingly, in four communities, which reported double digit annual increases until recently, the rental prices actually dropped in 2021: Madrid (-3.4%), Navarra (-1.7%), Castilla-La Mancha (-1%) and the Basque Country (0.4%).

Overall in Spain last year, Catalonia was the most expensive place to rent a house or apartment, with each square metre costing a whopping 14.06 euros per month, knocking Madrid into second position with 13.62 euros.

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Property sales for El Valle, Lo Santiago and Golf resorts in Costa Calida

Spanish Homes 4 U has been run by Andrew Leach, based on the El Valle Golf resort in Murcia since 2006. As a full-time resident, living and working ‘on site’, Andrew is ideally placed to offer an expert property sales and rentals service for El Valle and other nearby golf resorts, many of which were designed and built by the Polaris World group.

Spanish Home 4 U

El Valle Golf Resort

Set against a mountain backdrop with views towards the coast, the El Valle Golf Resort is considered to be one of the most exclusive Polaris developed resorts in the area and has Spanish Home 4 U received praise, not just for its golf course but also for its layout and user-friendly desgin. Secure, luxurious and set in naturally landscaped public areas, El Valle is close to both San Javier and Corvera airports, less than 20 minutes from the region’s capital city and only a few minutes more from historic Cartagena. What’s more, the Balsicas railway station with high speed links to Madrid, Barcelona and Valencia is 10 minutes away.

Lo Santiago

Lo Santiago offers a choice of luxury villa properties near to Murcia city, but only 15 minutes from the beautiful beaches around the mar Menor. Spanish Home 4 U Built around 2007, this popular resort has plenty of permanent residents and on-site bar and restaurant, open 7 days a week, with local shops just a 5-minute drive away. The resort is secured with a barrier entry system and CCTV.

Spanish Home 4 U Exclusive Property Sales

Spanish Home 4 U offers a full sales service with strong links to promoters, banks and local lawyers, allowing them to pass on special deals and offers to customers. In fact, on some new properties, the company has a contractual right to sell at lower prices than any other sales agent in the world, so it really is impossible to find it cheaper elsewhere.

Rentals

For holidaymakers, Spanish Home 4 U are able to arrange rentals to fit all budgets and vacation plans. Whatever you’re looking for – your own golf tour, sunbathing on the beach (the Mar Menor is just 20 minutes away) or a cultural trip around the region’s Roman ruins, national museums and Moorish architecture – Murcia caters for all tastes. Spanish Home 4 U can provide the perfect property as a base from which to experience these varied offerings, while also offering expert advice that will make your holiday an unforgettable one.

Pool Services

Many of the villas on El Valle and other golf resorts come with their own private pool and Spanish Home 4 U offer a full specialist maintenance service. Keeping a pool clean, clear and healthy requires some know-how so that it’s ready for owners to enjoy without worry, whenever they want. Andrew can arrange annual maintenance contracts, pre-season checks, ongoing maintenance and level monitoring; all as part of the after sales service.

As a 'One Stop Shop’ for El Valle property, Spanish Home 4 U take care of all your purchase or rental needs. Plus, as a local resident, Andrew possesses an in-depth knowledge of the area and its facilities and attractions - sharing that knowledge with the customer is all part of the service when dealing with Spanish Home 4 U.