Rental prices on the up in Mallorca

In Q3, properties were renting for 11.76 euros per m2 per month on average, with hikes of 3.2% in the Basque Country; 2.9% in the Balearic Islands; 1% in the Canary Islands; 0.4% in Catalonia; 0.4% in the Valencian Community and 0.2% in Extremadura.

The most expensive rentals are in Catalonia which costs 13.85 euros per m2 per month, followed by 13.52 euros per m2 per month in Madrid; 13.51 euros per m2 per month in the Basque Country and 11.76 euros per m2 per month in the Balearic Islands.

Year-on-year prices rental prices decreased by 2.2%.