In Castilla-La Mancha, the price of rental housing increased by 2.1% in its monthly variation and by 14.8% in its interannual variation, placing its price at 7.22 euros/m2 per month last July, according to data from Fotocasa Real. Heritage Index.
Faced with these data, María Martos, director of studies and spokesperson for Fotocasa, affirms that “the rental price remains at maximum levels in all areas. In fact, 15 of the 17 autonomous communities reach record rental prices. In addition, for the first time in history, the price of rent andexceeded the tacit barrier of 1,000 euros per month on average. After two consecutive years of very significant increases and after having presented the greatest acceleration in history, rental prices are higher than ever. The main reason lies in the contraction of the available supply that it has suffered in recent years, of around 30%, as well as in the intense demand that is increasing due to the fact that at present it is the main means of housing solution to access housing in Spain.
In this context, Castilla-La Mancha went from an interannual decrease of -2.9% in July 2023 to an increase of 14.8% detected during the same period of 2024. During the last 12 months analyzed, the price of housing increased from 6.29 euros/m2 in July 2023 to 7.22 euros/m2 in July 2024.
If we compare rental prices with those of a year ago, all municipalities increase the price year on year in July. The autonomous communities with increases greater than 10% are: Asturias (17.9%), Madrid (15.6%), Castilla-La Mancha (14.8%), Galicia (11.9%), the Region of Murcia (10.3%) and the Basque Country (10.0%).
As for the Ranking of Autonomous Communities With the most expensive price to rent a house in Spain, Madrid and the Balearic Islands come out on top, with prices of 19.68 euros/m2 per month and 17.64 euros/m2 per month, respectively. Next come eight other communities with prices above 10.00 euros/m2 per month: Catalonia with 16.84 per month, the Basque Country with 16.00, the Canary Islands with 13.98, Cantabria with 13.31, the Comunitat Valenciana with 12.47, Navarra with 11.45, Asturias with 10.52 and Andalusia with 10.41.
In the five provinces of Castilla-La Mancha, with a variation from one year to the next, the price of rental housing increases in July 2024, according to the Fotocasa real estate index. The order of the provinces with the interannual increases is: Cuenca (17.7%), Ciudad Real (11.4%), Toledo (9.2%), Guadalajara (2.7%) and Albacete (2.3%).
More expensive prices
Regarding prices, the most expensive province is Guadalajara with 8.66 euros/m2 per month, followed by Toledo with 8.10 euros/m2 per month, Cuenca with 7.86 euros/m2 per month, Albacete with 6.98 and Ciudad Real with 6.14.
In the seven municipalities analyzed, the Rental housing prices increased compared to the previous year. Thus, the city of Ciudad Real is the one that accumulated the most increases in July with 31.4%. Next come the cities of Cuenca, capital (12.4%), Talavera de la Reina (11.4%), Toledo, capital (6.8%), Puertollano (2.9%), Guadalajara, capital (2.4%) and Albacete, capital (1.6%).
Furthermore, Ciudad Real, the city with the highest year-on-year increases, It has been six months with chain increases of more than 25% and more precisely, in April of this year, the increase per square meter exceeds 40%.
As for the price per square meter in JulyToledo is the most expensive with 9.56 euros/m2 per month, followed by the capital Guadalajara with 9.11 euros/m2 per month, the capital Cuenca with 8.14, Alcázar de San Juan with 7.69, the capital Albacete with 7.59, the capital Ciudad Real with 7.45. , Talavera de la Reina with 7.11, Valdepeñas with 6.55 and Puertollano with 5.04 euros/m2 per month.
Another situation that has become more common in these times of rising rental prices is that of shared apartmentsIn this sense, the supply of shared apartments increased by 29% year-on-year during the second quarter, which meant that the price increased by only 3%, to 400 euros per month, according to a report published by Idealista, the real estate market in Southern Europe.
There is currently a larger supply of available rooms than a year ago in all provincial capitals, except in 6: Soria (-36%), Palma (-20%), Palencia (-15%), Bilbao (-3%), Lugo (-2%) and Segovia (which remains the same). Among the six cities where the offer has increased the most, we find Albacete, with 109 percent, behind Logroño (155%) and Castellón de la Plana (121%), and ahead of Alicante (108%), Granada (106%) and Almería (100%). In these cities, the available offer has more than doubled in a year.
The cheapest cities to live in
Kelisto.es, a savings website, has published a new edition of its study on the most expensive and cheapest provincial capitals in Spain. The analysis takes into account 17 products and services divided into six categories: housing (purchase and rental), taxes (IBI, road tax and garbage tax), household bills, public and private transport, the shopping basket and leisure (price of a cinema ticket and a pint of beer). In addition, it contextualizes the results with the income level of each city.
Among the main conclusions, it is noted that in terms of housing Ciudad Real is the second cheapest capital in the country to buy a house (-41.3% below average), and also one of the cheapest to rent (-44.7%).
In terms of taxes, Ciudad Real and Toledo are among the top 5 cities with the most expensive property tax (IBI).while Toledo is the eighth most expensive city to purchase home insurance, with 11.9% above the average.
Another information indicates that Cuenca is the fourth most expensive capital to fill the basket, while Guadalajara occupies the same position among the cheapest.
In transport, Toledo is the ninth most expensive city for a taxi ride (+18.4% above the average), while Ciudad Real is the second where it involves the least expenses.
And finally, Toledo is the third most expensive city to drink a pint of beer, but Albacete is the fifth cheapest in the same category.
