Madrid and Barcelona, among the European cities with the lowest business rentals in Europe

Date : 02/09/2021
Author : Forum Business Travel

Now that the mobility restrictions resulting from the pandemic have gradually eased in Europe, some cities have begun to regain business tourism. However, not all regions are doing so at the same rate. Only eight European cities have increased their temporary rental prices this year compared to 2020. Madrid and Barcelona are among the cheapest.

The cities that haveincreased prices are Cambridge, Dublin, Heildeberg, London, Bonn, Munich, Manchester and Vienna, according to data compiled by the accommodation rental platform for business travelers and digital travelers Homelike in 20 European destinations.Both last year and this year, most European cities suffered drops in temporary accommodation rates. Such is the case of Madrid and Barcelona, which saw how their average rental prices fell this year by 6.55% and 5.97%, respectively, compared to 2020.

This drop in prices places both Spanish cities among the ten most affordable cities for renting a temporary apartment. Soí ahead of Madrid will beían Cologne, where the average price is 994 euros per month; Dusseldorf (1,103 euros); Bonn (1.132 euros); Frankfurt (1,218 euros); Berlín (1,281 euros) and Hamburg (1,337 euros). In the Spanish capital

Next are Stuttgart, with an average price of 1.426 euros per month for renting a temporary apartment; Vienna (1,432 euros) and Barcelona (1.464 euros)

On the contrary, leading the list of the 10 European cities most expensive for seasonal rental housing Cambridge, where the average price of this type of accommodation is 4,146 euros per month. It is followed, rather more distantly, London (3,422 euros) and Dublin (2,812 euros).

Next are Zúrich, where the average temporary rental price is ?2,398 per month; París (?2,066); Edinburgh (?2.052 euros) and Ámsterdam (1,993 euros).

Closing the top ten with the most expensive temporary rent the German Heildeberg, where the average price is 1.924 euros per month; Manchester (1,879 euros) and Múnich (1,522 euros).