Sorello Guides

Rent in Orihuela: what tenants actually declared

It rests on 1.339 declared leases. The reference rent for a flat in Orihuela is 4,89 €/m², at the bottom of the national range, where a difference of a few euros a month separates very different buildings. Five years have added 31,9 % to the reference, well ahead of general inflation.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

A sense of scale

Take Alicante alone: among the municipalities here, its share of dwellings that are not a main residence is the third highest.

Set the national range end to end and this five-year change in the reference rent lands in the third-dearest twentieth.

Set against the other Alicante municipalities in this guide, it has the fourth highest population.

Against every municipality in this guide, its median floor area of a let flat lands in the seventeenth twentieth from the bottom.

How it ranks

Set against the other Alicante municipalities in this guide, it has the tenth lowest reference rent per square metre.

On a national view, its lower-quartile rent per square metre falls into the fourth-cheapest twentieth.

Within Alicante, that is the eleventh lowest upper-quartile rent per square metre among the municipalities this guide covers.

Against every municipality in this guide, its median declared monthly rent lands in the band just above the bottom quarter.

The comparison that matters

On share of main homes that are rented it is the fourth highest of the Alicante municipalities this guide covers.

Against every municipality in this guide, its number of declared leases lands in the band just below the middle.

How much of the stock is rented

Renting accounts for 15,59 % of main homes in Orihuela, close to the Spanish norm.

At 64,07 % not a main residence, the long-term rental stock in Orihuela is the leftover of a holiday market.

Check a quoted rent against the reference

Half of declared leases in Orihuela are below 450,00 € a month.

Five years have added 31,9 % to the reference, well ahead of general inflation.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²204 €269 €381 €
75 m²278 €367 €520 €
100 m²370 €489 €693 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

The reference figures, in a split market

A quote under 3,70 €/m² deserves a viewing before anything else; above 6,93 €/m² you are paying city money for a cheap market.

3,70 €/m² against 6,93 €/m² is a split market rather than a range; Orihuela effectively has two rental stocks.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile3,70 €/m²
Median4,89 €/m²
Upper quartile6,93 €/m²
Median monthly rent450,00 €
Median floor area95 m²

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