Rental prices plummet in Marbella

LAST UPDATED: 25 Mar, 2011 @ 09:35
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Rental prices plummet in Marbella

MARBELLA has seen a 20 per cent drop in rental prices since the start of the recession.

Average rentals have fallen by around 300 euros a month.

A two-bed apartment in the town will now rent for what was previously the price of a small studio.

The drop has not been helped by the number of rental properties coming onto the market, with 40 per cent more available now than three years ago.

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