Santa Eulària, Sant Josep and Ibiza occupy prominent positions among the municipalities with the highest rental prices in Spain. According to the recent report of the real estate portal Idealista, these towns on the island of Ibiza not only stand out for their tourist attraction, but also for their high housing costs, a reflection of the increasing pressure of the real estate market in the Balearic Islands.
Santa Eulària has the most expensive rents in Spain
With an average rental price of over 4,200 euros, Santa Eulària is positioned as the most expensive municipality in the whole country. Its real estate offer focuses on high value properties, many of them designed for an international and exclusive public. The natural environment, the iconic beaches and the quality of life make this town one of the most desirable, which raises prices considerably. On the other hand, Sant Josep ranks fourth nationally. This municipality combines its rural charm with renowned tourist enclaves, such as Cala d’Hort or Cala Conta, which has also influenced the average rental price. Finally, Ibiza, known for being the cultural and economic heart of the island, closes the top 5 with equally high prices.
The municipalities with the most expensive rents in Spain
The list of municipalities with the highest rents reflects the strong concentration of high prices in the Balearic Islands. Below are the five most expensive municipalities according to the Idealista report:
- Santa Eulària (Ibiza): 4,237 euros/month.
- Pozuelo de Alarcón (Madrid): 3,783 euros/month.
- Sant Josep (Ibiza): 3,483 euros/month.
- Ibiza (Vila): 3,363 euros/month.
- Calvià (Mallorca): 3,136 euros/month.
This ranking highlights not only the predominance of the Balearic Islands, but also the contrast with other exclusive areas such as Pozuelo de Alarcón, in Madrid, and Calvià, in Mallorca. Although they share high prices, each municipality offers unique characteristics that explain their position on the list.
Demand continues to boom
While prices in municipalities in Ibiza reach record highs, other locations such as Palma de Mallorca, Barcelona and Madrid are among the most demanded at a national level. According to the report, this high demand, combined with a limited supply, puts significant pressure on the rental market, making access to housing difficult for many. The case of Ibiza, in particular, reflects how tourism, exclusivity and lack of supply contribute to a challenging real estate market, with prices continuing to rise. The trend demonstrates the need for policies that balance housing affordability with economic development in these high-demand regions.
