THREE Costa del Sol municipalities have been ranked among the five most expensive towns and cities to rent a property in Spain.
Benahavis, Marbella and Estepona are among the country’s priciest spots to rent a flat or an apartment, according to a study undertaken by real estate website Idealista.
The town of Benahavis has been identified as Spain’s most expensive municipality to rent a house, with an average monthly cost of 3,232 €.
Meanwhile, Marbella ranks third in the country as rental prices in the city average 3,259 € per month.
The fourth place is for Estepona, as tenants renting a property in the coastal town face average monthly prices of 2,710 €.
Another Andalucian municipality is among the top 5, as luxurious Sotogrande, in Cadiz province, averages house rentals of 2,665 € a month.
On the top 10, Malaga town of Mijas, also on the Costa del Sol, ranks tenth on the table with monthly rentals of 1,777 €.
Other four Andalucian municipalities are within the top 30, with Benalmadena ranking 17th (1,381 €), Cadiz’s Puerto de Santa Maria 22nd (1,210 €), Malaga city 26th (1,127 €) and Fuengirola 27th (1,111 €).
The average rental cost for properties in Spain experienced a 9.3% increase from April to July this year as the country’s residents are facing the highest prices ever recorded.
Read more:
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- Costa del Sol is home to the three most expensive streets to buy a house in Spain
- Spain’s Costa del Sol climbs the ranks as a luxury destination with hotel rooms at eye-watering rent of €3000…
