Planning a beachside holiday in Spain this summer? You might want to check your budget again. According to a new report from real estate valuation firm Grupo Tecnitasa, the cost of renting an apartment in prime coastal locations during peak season has jumped by an average of 6% to 7% compared to 2024. That translates into nearly €110 more per week for a holiday flat—bringing the national average in August to €1,270, up from €1,160 last summer.
The rise is milder than 2024’s, when prices climbed nearly 10%, but it still significantly outpaces inflation. “This increase, of almost 7% on average, is nearly three times the CPI,” the report states, “and makes it virtually impossible to find coastal rentals below €500 per week”. For reference, that’s now the bare minimum price you’ll need just to set foot near the sand.
An eye-watering five-year climb
Since 2020, holiday rental prices have surged nearly 40%, riding a wave of post-pandemic travel demand, constrained supply, and rising property values. While Tecnitasa notes that recent data points to “some moderation”, the long-term trend remains steeply upward.
For perspective, some of the most exclusive listings now flirt with luxury hotel pricing. In Puerto Banús (Marbella), a 110-square-metre apartment commands €3,700 per week. Meanwhile, in Santanyí (Mallorca), a 250m² detached home fetches €3,400 weekly. At those rates, a fortnight’s stay would cost more than a year’s rent in certain inland Spanish cities.
Still a few affordable corners
Not all coasts are reserved for the rich. The regions offering the best value include Valdenoja (Santander), where a modest 30m² apartment goes for €510 per week, or Moncófar and Vinaròs (Castellón), where you can still land a 70m² flat for around €550 per week.
Coastal contrasts highlight the diversity of the Spanish property landscape. Prices are deeply influenced not just by location but also square footage, views, and proximity to tourist hotspots.
Andalusia leads the price hikes
Although the overall average increase has cooled, some regions are still cranking up the pressure. The steepest hikes this year have been recorded in Andalucía, particularly in Cádiz and Málaga, where rates have soared more than 12%.
In San Roque (Cádiz), a 130m² apartment that cost €1,900 a week last summer now costs €2,300. In Nerja (Málaga), a 70m² seaside flat can set you back €1,450 a week—up from €1,300.
Other rising stars include:
- A Coruña: €1,400/week for an 85m² flat in Playa de Riazor (up from €1,300)
- Lugo: €650/week in Vicedo for a 65m² flat (up from €550)
- Lloret de Mar (Girona): €1,200/week for a 70m² beachfront apartment
- Mundaka (Vizcaya): €1,060/week for a 100m² flat in the historic centre
Smaller but consistent gains (between 3% and 6%) were also seen in Castellón, Alicante, Tarragona, Murcia, the Canary Islands, Balearic Islands and Gipuzkoa.
Booking early? You might actually pay more
Interestingly, Fernando García Marcos, Technical Director at Tecnitasa, pointed out that pricing doesn’t always follow a smooth seasonal logic. In some cases, those booking well in advance may end up paying more. Why? “In early months of the year, the available supply includes premium properties—either better located or with smaller surfaces that offer higher prices per square metre,” he explains. A paradoxical twist in a market where preparation often means paying extra.
Conclusion: Sunny skies, stormy prices
While Spain’s coastal regions remain an attractively diverse mix of beach life and real estate opportunity, the rental market continues to reflect both strong demand and structural scarcity. With cumulative price increases approaching 40% since 2020, it’s getting harder to call summer holidays on the Spanish coast “affordable”.
