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Where to rent a cheap apartment on the coast in Spain this summer

The pandemic has made beach holidays the most popular option for this summer in Spain, meaning more competition and generally higher prices. So where are the cheapest and the most expensive places to rent a holiday apartment on the coast?

Where to rent a cheap apartment on the coast in Spain this summer
The picturesque coastal town of Tapia de Casariego in northern Spain is one of the cheaper holiday rent options for the summer of 2020. Photo: Markus Braun/Wikimedia

With the summer holidays fast approaching and many Spaniards likely to spend their holidays in their own country this year, competition for a good holiday let is starting to ramp up.

International tourists will start to arrive on Spanish shores soon, making it even more complicated to get a good deal.

A 2020 report by Spanish housing valuation company TecniTasa found that short-term apartment rentals for properties in coastal locations actually went up on average 3 percent last year compared to 2019, up to an average €750 a week. TecniTasa is yet to release this year’s valuation, but the group has already indicated that prices remain similar to 2020’s.

“Many families who own an apartment by the beach used to lease their property in July and August to obtain greater profitability,” president of TecniTasa José María Basañez said.

“Now they want to make the most of the summer, so they won’t let it out for weeks, reducing the offer of holiday lets on the coast.

“Families don’t mind paying a bit more and lengthening their stay either, in case there is a return of the virus, they can stay longer by teleworking from the beach.”

This uncertainty regarding the future is causing considerable volatility in the holiday rental market, although the general consensus is that prices will increase.

The following table shows a comparison of average weekly holiday rental prices across Spain’s different coastal regions, with the cheapest options in green on the right-hand column and the most expensive in red. 

Andalusia

In Spain’s southern Andalusia region there are holiday rentals going for as much as €2,600/week in Puerto Banús in upmarket Marbella.

Two cheaper coastal options in the same region are Sotogrande (€ 1,500/week) or Puerto de Jérez (€ 1,300/week) but there are better deals in Motril (Granada), where an 80m2 apartment is going for €350 a week, or in Almería where it will cost €425.

Calahonda beach in Motril. Photo: JebulonWikimedia

Spain’s northern coastline

Along Spain’s northern coast, prices are on average fairly high but there are some exceptions.

In Sanxenxo in Spain’s green region of Galicia a 100 m2 apartment on the beach in the coastal town of Portonovo costs an average €1,600 a week.

In classy San Sebastian in Spain’s Basque Country the weekly price reaches €1,375 for a 55 m2 apartment and in the little-known Basque town of Hondarribia the weekly bill for a 110 m2 place is €1,500.

Ondarreta beach (San Sebastian). Photo:Josu Goñi Etxabe/Flickr

Some of the cheapest options along Spain’s northern coast are in the towns of Burela or Vicedo in Lugo province (Galicia), where’s it’s possible to find coastal holiday rentals for anywhere between €200 and €500 per week.

It’s a similar situation in Pontedeume near the Galician city of Coruña and in the picturesque town Tapia de Casariego in the neighbouring Asturias region.

Valencia region/Costa Blanca

Alicante has some of the most expensive coastal holiday rentals with prices of almost €1,500 in Benidorm’s Playa de Levante.

There are cheaper options available near El Saler beach not far from the region’s capital Valencia for around €380/week and in Moncofar (Castellón), where a beachfront apartment is going for €400.

El Saler beach near Valencia. Photo: Rafał Próchniak/Flickr

Catalonia/Costa Brava

The glitzy coastal town of Sitges near Barcelona has some of the most expensive holiday rentals in the region, with many properties costing just under €1,400 a week, and in Casteldefells there are holiday lets for less than €1,200 a week for a 75 m2 apartment.

A cheaper option in Catalonia is the town of Blanes, where 60m2 apartments are being rented out for €700 a week.

Balearic Islands 

According to the report, the Balearic Islands are still one of the most expensive destinations in Spain for holiday lets, with prices of up to €2,800 for renting an apartment for a week in Punta Prima (Menorca), €2,200 in Puerto de Ibiza or €2,000 in Sa Rapita (Mallorca).

Beach in Sa Rapita in Mallorca. Photo: King Otto/Wikimedia

Canary Islands

One of the most affordable options for coastal holiday rents in Spain are the Canary Islands.

Both in Las Palmas de Gran Canaria in Playa de Las Canteras, and in Tenerife, in the town of El Puerto de la Cruz, you can get apartments for €275 a week. 

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PROPERTY

REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you're considering making the move and buying property in Spain, but don't fancy purchasing in a rural village in the middle of nowhere, you should know where the cheapest, most in-demand parts of the country are.

REVEALED: The cheapest most in-demand areas in Spain to buy a house

If you’re thinking about relocating, Spain is a fantastic place to do it. Foreigners have been moving to Spain for decades, not only for its fantastic food and weather, along with a laid-back lifestyle, but housing is generally affordable – if you know where to look.

Though the rise in the Euribor has sent interest rates spiking, house prices in Spain are expected to flatten somewhat in 2023 and it could be a good year to find a bargain, depending on your financial situation.

Knowing what type of house you want and where in Spain you want to live is one thing, but knowing the cheapest, yet most in-demand parts of the country could really help you narrow down your search.

Fortunately, Spain’s leading property website Idealista has put together a list of the most ‘in demand’ municipalities of Spain and where you can find the most expensive and, more importantly for the house hunters among us, the cheapest municipalities of Spain to buy property.

It’s based on data from the last quarter of 2022 and is the average price of housing in towns with more than 1,300 sale announcements and costs valued at more than €1,100 per square metre. 

You can find the ten cheapest areas of Spain to buy property by average price below, but it’s worth noting that Idealista did these rankings by average price across the entire municipality, so there are likely individual towns and villages dotted around Spain where prices are significantly lower.

That said, this list gives you a good idea of the areas to look out for.

READ ALSO:  What will happen with property prices in Spain in 2023?

The 10 cheapest municipalities in Spain to buy property 

Santa Pola (Alicante) – Santa Pola, in the Alicante province, is the cheapest most in-demand municipality to buy a house, according to Idealista’s rankings. The average price for a house in Santa Pola costs just €151,796, though this may come as a surprise given its prime location in a foreign hotspot on the sought-after Costa Blanca. The main town of Santa Pola itself is a small beachfront community with a population of around 35,000. It also has a large foreign population and is a short drive or bus away from both Alicante and Elche.

Ourense (Galicia) – Next on the list is Ourense in Galicia where the average price is €154,941. The municipality is home to several towns and villages, surrounding the main medium-sized town of Ourense itself in southern Galicia. The town has a population of around 105,000 and is a little over an hour’s drive from both Santiago de Compostela and the coastal city of Pontevedra.

Oviedo (Asturias) – Third on the list is the municipality of Oviedo where you’ll pay an average of €154,968 for a property. Another area in northern Spain, the main city Oviedo itself, which is the capital of Asturias and has a population of 220,000. It sits between Cantabrian mountains and the Bay of Biscay. It’s known for its picturesque medieval old town and impressive architecture. 

Jerez de la Frontera (Cádiz) – Properties cost an average of €155,563 in the municipality of Jerez de la Frontera, or Jerez as it’s commonly referred to. It’s located in the Cádiz province of Andalusia and is a real piece of ‘traditional’ Spain. Jerez city is a decent-sized place with a little over 200,000 people and is known for horses, flamenco dancing and sherry, as well as the Alcázar de Jerez, an 11th-century fortress that harks back to Andalusia’s Moorish past.

READ ALSO: Is it better to buy or rent in Spain right now?

Torrevieja (Alicante) – Another municipality in Alicante and another incredibly popular with foreign homeowners. Properties here go for an average of €155,787. Torrevieja itself has a population of 82,000 and is another coastal town, but also has nature trails and salt plains nearby.

Murcia (Murcia) – Murcia is often overlooked, wedged between Alicante and Andalusia, but you could grab a bargain here with average prices of €157,119. Murcia capital is a bustling city of almost 450,000 people, and is strategically placed for trips to the Costa Blanca, Costa Calida, Costa del Sol, and Costa de Almeria.

Parla (Madrid) – The municipality of Parla lies just 20km south of Madrid and the town of the same name is home to 130,000 residents. It’s a great commuter area for those who work in Getafe or the capital. A house here costs an average of €160,652. 

Salamanca (Castilla y León) – The municipality of Salamanca surrounds the capital of Salamanca in Castilla y León in northwestern Spain. Buying a property in this area costs an average of €162,909. The main city of Salamanca is known for its university, which is the oldest in Spain and dates back to 1218. Understandably, much of Salamanca’s roughly 150,000 residents are students, which gives the town a lively atmosphere.

Burgos (Castilla y León) – Another northwestern Castilla y León municipality, is Burgos has around, where you can buy a house for just €163,164. The city of Burgos has around 180,000 inhabitants and is known for its medieval architecture and grand cathedral. 

Dos Hermanas (Sevilla) – The second most populous municipality in the province of Seville, properties cost an average of €163.274 here. The Andalusian town is just 15km south of Seville, making it great for commuters or those who want plenty of culture nearby. 

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