According to the latest report from Idealista, the increase is especially pronounced in Huesca, where rents have risen 19.7% in one year. This is the largest increase among the Spanish provincial capitals analyzed by the property portal and highlights the growth of Huesca’s real estate market.
HUESCA LEADS THE INCREASES AMONG CAPITALS AND PROVINCES
Huesca is well ahead of the next cities with the largest increases: Huelva (13.1%), Palencia (12.7%) and Pontevedra (12.5%). The report shows year-on-year increases in 49 provincial capitals, while only Lleida and Bilbao recorded declines, of 1.3% and 1%, respectively.
The increase also extends to Huesca province as a whole, which tops the provincial ranking with a rise of 12.1%. It is followed by Toledo (11.5%), Cuenca (10.8%) and Castellon (10.2%). Overall, rents have become more expensive in 48 of Spain’s 50 provinces over the past year.
ARAGON OUTPACES THE NATIONAL RATE OF INCREASE
The rise in Aragon comes amid increases in all of Spain’s autonomous communities. After Castilla-La Mancha and Aragon come Asturias (8.1%) and Cantabria (7%). Across Spain, the price stands at 15.1 euros per square meter after rising 0.1% from September, although it fell 1.1% on a quarterly basis.
