Costa News Spain Breaking News | English News in Spain.
The latest data on rental prices in Spain shows that Sotogrande Marbella and Estepona are the most expensive areas. Idealist.
The report, which analyses rental prices in the most in-demand towns and cities, reveals that 30 locations now have average monthly rents exceeding €1,500 – with some areas commanding eye-watering prices of over €4,000.
The Costa del Sol continues to dominate Spain’s luxury rental market, with Marbella leading the way at an average of €3,018 per month.
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Neighbouring Benahavís, known for its exclusive villas and golf courses, isn’t far behind at €3,815, while Sotogrande, the upscale resort in Cadiz, averages €2,815.
Estepona, another Malaga gem, also makes the list with rents averaging €2,557 per month.
These numbers show the Costa del Sol’s appeal to renters who can afford it, including international tourists and expats looking for sun and sea.
The Balearic Islands are another standout, with Santa Eulalia del Río topping the list at €3,919 per month.
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Other expensive locations include Sant Josep de Sa Talaia (€3,566), Calvia (€2,828), and Eivissa (€2,584).
These areas are popular with celebrities and individuals of high net worth. They combine stunning views along the coast with vibrant nightlife.
Topping the national ranking is La Moraleja, an affluent suburb on the outskirts of Madrid, where rents average a staggering €4,001 per month.
La Moraleja is Spain’s priciest rental market. Its luxury homes are renowned for their high-profile residents.
Other Madrid-area towns, such as Pozuelo de Alarcon (€2,521) and Boadilla del Monte (€2,455), also feature prominently.
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Barcelona, Spain’s second-largest city, appears further down the list with an average rent of €1,820 per month.
However, nearby towns like Sitges (€2,501) and Sant Cugat del Valles (€2,381) command higher prices, reflecting their appeal to wealthy families and professionals.
In the Canary Islands, Adeje in Tenerife stands out with an average rent of €2,218, while in Alicante, Finestrat (€2,384) and Altea (€1,695) continue to attract well-heeled renters.
Rental prices are rising in these areas due to a combination high demand, limited availability, and the desirable location.
International buyers are attracted to many of these towns, particularly those who are looking for investment or second homes.
Costa del Sol in general and Balearic Islands benefit from being branded as luxury destinations. They offer world-class amenities from golf courses, marinas, to fine dining and shopping.
The data shows a trend that is growing in Spain’s rental markets, where the demand for high-end properties in prime locations continues outpaces supply.
