Rental Prices in Ceuta 2023

Rental price statistics in the province of Ceuta - CIUDAD AUTÓNOMA DE CEUTA

Ranking

#7 of 50 provinces

Variation 2023

+4.7%

Median rent (Collective housing)

9.20€/m²

Median amount/month

650.00€

Collective housing

2023

Median rent

9.20€/m²

Median amount

650.00€

Median area

73 m²

Contracts

2,191

25th percentile7.42€/m²
75th percentile11.41€/m²

Single-family housing

2023

Median rent

7.90€/m²

Median amount

500.00€

Median area

60 m²

Contracts

369

25th percentile5.41€/m²
75th percentile10.99€/m²

Historical rent evolution

Price evolution

Year€/m²€/monthContractsVariation
20117.69566.18978-
20127.75583.331,122+0.8%
20137.59561.871,260-2.1%
20147.63558.091,405+0.5%
20157.59566.961,594-0.5%
20167.78590.001,679+2.5%
20177.69587.501,772-1.2%
20187.95600.001,843+3.4%
20198.33600.001,924+4.8%
20208.46623.051,978+1.6%
20218.75644.702,087+3.4%
20228.79650.002,147+0.5%
20239.20650.002,191+4.7%

The rental housing market in Ceuta, a unique autonomous city on the northern coast of Africa, presents distinctive characteristics that set it apart from both regional and national trends in Spain. As of 2023, the average rent in Ceuta stands at 7.9 €/m², translating to an average monthly rent of approximately 500 euros. This pricing positions Ceuta at #12 among 52 provinces in Spain, indicating a relatively moderate rental landscape compared to larger urban centers. For tenants in Ceuta, these figures suggest a balanced rental market where affordability is a key factor. With 369 registered rental contracts, the market showcases a steady demand for housing despite the city's geographical and economic challenges. This number reflects a community that is actively engaging in the rental market, highlighting both the opportunities and limitations faced by residents seeking accommodation. Given the average monthly rent, potential tenants can expect to find options that align with their budgets, particularly when considering the average incomes within the region. When contextualized within the broader Andalusian region, Ceuta's rental prices are competitive. Many Andalusian provinces, especially those with larger urban centers like Seville or Málaga, experience significantly higher rental prices, often exceeding 10 €/m². This makes Ceuta an attractive option for individuals and families looking to maintain a reasonable cost of living while enjoying the benefits of a coastal lifestyle. The city's unique cultural blend and strategic location further enhance its appeal, attracting both locals and newcomers. Nationally, the rental market in Spain has seen fluctuations due to various economic factors and legislative changes. The average rent across the country can vary widely, with metropolitan areas like Madrid and Barcelona commanding premiums that can reach upwards of 15 €/m² or more. Ceuta’s positioning at a lower average rent provides a viable alternative for those who may be priced out of these bustling cities. Looking ahead, the rental market in Ceuta is poised for potential growth. As urbanization trends continue and remote work becomes more prevalent, the allure of living in less congested areas may draw more individuals to Ceuta. This shift could lead to an increase in rental demand, which, if coupled with a limited housing supply, might influence rental prices positively in the coming years. Overall, the Ceuta rental market reflects a balance between affordability and demand, making it an interesting case study within Spain’s diverse real estate landscape. As tenants navigate their options, understanding these statistics and trends will be crucial in making informed housing decisions in this unique autonomous city.

Source: State System of Housing Rental Price Reference (SERPAVI)