Wednesday, October 28, 2009

Average Rental Prices in Barcelona 2009

This week, the Institut Catala del Sol released figures regarding the average rental prices in Barcelona's various neighbourhoods. The good news is that the rental prices have fallen again, compared to the first quarter of 2009.

Barcelona Real Estate Blog - Euros on Table

Average rental prices in the city are now at 1034 Euros per calendar month. Each neighbourhood represents a different price bracket, and it may come as no surprise that the high-end neighbourhood of Sarria leads the way, with an average rental setting you back 1259 Euros. There is little difference between the rest of the neighbourhoods close to Sarria, with Les Corts following with an average rental of 1270 Euros.

If you want to save yourself a hundred Euros a month, then skip down to Eixample, where the average price is 1170 Euros. The small-town feel of Gracia has no small town price tag, with average monthly rentals here 1018 Euros.

Moving to either side of the city will save you a little amount, with Horta, Sants-Montjüic and Nou Barris being the cheapest rentals - 917 Euros, 935 Euros and 855 Euros respectively. It's worth noting that these average prices are purely for rentals, and anyone moving to Barcelona also needs to consider any utility bills, or communal charges that a building may have. Such buildings with a porter/caretaker can add a hefty sum onto any rental, too, so it's always worth checking the extras that might influence your decision in looking.

In addition, it's also a great idea to contact a Barcelona Real Estate agent for ideas and suggestions. Modus Vivendi Real Estate has a selection of Long Term rentals in Barcelona, and will be happy to personally run through any requirements and questions you might have. You can contact them for a chat anytime.

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