Renting a flat in the city of Girona is one hundred euros more expensive than a year ago. According to the latest report from the Chamber of Urban Property, which collects data from the first quarter of this year, the average price stands at 762 euros, a figure that represents an increase of 14% compared to the same period last year. former.
So, renting an apartment in the capital of the demarcation cost 666 euros. An accentuated growth that is not only experienced by the most populated city in the province, but also by other destinations on the Costa Brava.
In Baix Empordà municipalities such as Palamós, Platja d’Aro, Calonge or Sant Feliu de Guíxols, rent has risen by 10% in just one year. The average price also exceeds 700 euros. Specifically, it stood in the first quarter of this year at 705 euros, about seventy euros more than in the same period of the previous year.
The interannual variations are similar in cities such as Figueres or Olot, although in these municipalities the average rental value is much lower and stands at around 540 euros. That upward trend has been experienced by all those cities in the last five years.
Some data that, according to the report of the Chamber of Property, is partly explained by the shortage of rental housing. The report details that “while rental prices rise, the number of new contracts concluded decreases” and points out that this “is a reflection of the difficulty in accessing rental housing generated by a low supply of properties that the price escalation”.
Thus, in all the cities studied, except Girona, the number of registered contracts has been reduced. The most important reduction has occurred in Figueres, with a decrease of 2.8%, while in the other destinations the decrease has been less pronounced.
If the year 2008 is taken as a reference, since then the rental price in Girona capital has increased by 33%. Now renting a home is, on average, 192 euros more expensive than then.
From the Chamber of Urban Property they explain that from 2008, as a result of the real estate economic crisis, there was a significant decrease in rental prices. A price reduction that lasted until 2013 and 2014, when the rent stabilized at its lowest level. In Girona city, for example, the average rent was 466 euros, in Figueres, 404, and on the coast, it was around 457 euros.
In 2015, prices recovered in all these municipalities until in 2021, due to the Covid effect and probably also due to the rent containment law, prices dropped significantly. Until in 2022 a “rebound effect” was registered and the rental price “raised like never before”, according to sources from the Chamber.