Learn the costs of renting or buying homes in various parts of Spain, procedures and legal requirements, and typical utility costs. Below is a brief excerpt from this section:
Most Spaniards live in small apartments with roommates or family members, and rely on public spaces, such as cafés and tapas bars, for socializing and entertainment. Rent takes up a large portion of their income. According to the OECD, households in Spain spend 23% of their net disposable income on housing, higher than the OECD member average of 21%.
The cost of renting a house or an apartment varies significantly depending on the region or town. These are the places with the highest and lowest average monthly rental prices:
Ibiza (525 EUR), Madrid (380 EUR), San Sebastian (372 EUR), Barcelona (366 EUR) and Bilbao (325 EUR) register the highest average rental prices in the country.
Ferrol (138 EUR), Ourense (160 EUR), Zamora (180 EUR), Lugo (181 EUR) and Caceres (201 EUR) offer the cheapest rents.
Malaga and Seville have registered the biggest increase in their average rental prices in the last six months.
This is just a brief sample of the extensive information in the GoinGlobal Spain Career Guide, which is carefully researched and regularly updated by local career experts.