According to Idealista‘s report for the fourth quarter of 2024, four municipalities in Ibiza are among the ten locations with the highest rental prices in the most demanded areas of Spain. Santa Eulària des Riu ranks second in the ranking with an average rent of 3,919 euros per month, just behind La Moraleja (Madrid), where the average value is 4,001.
Also in the top 10 are Sant Josep de sa Talaia (3,566 euros, in 4th place), Sant Antoni de Portmany (2,597 euros, 9th) and Ibiza (2,584 euros, 10th).
The list of the top ten places is:
- La Moraleja (Madrid): 4,001 euros/month
- Santa Eulària des Riu: 3,919 euros/month
- Benahavís (Málaga): 3,815 euros/month
- Sant Josep de sa Talaia: 3,566 euros/month
- Esplugues de Llobregat (Barcelona) 3,085/month
- Marbella (Malaga): 3,018 euros/month
- Calvià (Balearic Islands): 2,828 euros/month
- Sotogrande (Cádiz): 2,815 euros/month
- Sant Antoni de Portmany: 2,597 euros/month
- Ibiza: 2,584 euros/month
Demand
The other ranking published by Idealista is that of the most demanded areas to rent housing. According to this study, Palma is the most demanded area of the Balearic Islands, in 21st place. It is followed by Manacor (28th), Llucmajor (66th), Sant Antoni de Portmany (72nd), Ibiza (77th), Calvià (85th), Santa Eulària des Riu ( 113th) and Sant Josep de sa Talaia (115th).
Generally speaking, the most sought-after towns for rental housing in the last quarter of 2024 were once again concentrated in the cities in the metropolitan area of the two major Spanish capitals, Madrid and Barcelona, according to Idealista.
Up to eight municipalities in Madrid, headed by Getafe, Leganés and Móstoles, and five in Barcelona, such as Hospitalet de Llobregat, Badalona and Terrassa, are among the 25 localities that have received the greatest pressure from demand to find a house for rent, according to the study.
