surinenglish

Local rents up 11% in a year and monthly average is now 771 euros

  • 100 euros ahead of its nearest regional rival

A rent payment insurance company, Alquiler Seguro, has published a report showing that the prices for long-term residential lettings in Malaga province, including the Costa del Sol, have risen by just over 11 per cent in a year.

The province is the most expensive for renting in Andalucía, the report says. The average rent is now 771 euros a month, 100 euros ahead of its nearest regional rival, Seville province. Malaga is the sixth most expensive province in Spain if renting a home.