Sorello Guides

Basauri rents: the declared figures

At 9,65 €/m², Basauri is an expensive rental market by Spanish standards. It rests on 1.223 declared leases. No comparable earlier reference is published for this municipality, so no five-year change is shown.

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

Where this one stands

Judged only against Bizkaia, the lower-quartile rent per square metre here is the third lowest in the guide.

Put beside the rest of the country, its share of dwellings that are not a main residence belongs to the second-cheapest twentieth.

Judged only against Bizkaia, the median floor area of a let flat here is the fifth lowest in the guide.

Where it sits against the rest

Across the country, the reference rent per square metre here belongs to the seventeenth twentieth from the bottom.

Ranked against its neighbours in Bizkaia, it holds the second lowest median declared monthly rent of the group.

Taking every municipality covered here together, the upper-quartile rent per square metre is in the band just inside the top fifth.

Measured against its neighbours

On number of declared leases it is the fifth highest of the Bizkaia municipalities this guide covers.

Measured against the whole batch, that population sits in the upper middle of the range.

Put a quoted rent in its place

A median floor area of 68,93 m² makes Basauri a market of compact flats.

A typical declared lease in Basauri runs at 669,50 € a month.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²464 €531 €603 €
75 m²632 €724 €823 €
100 m²843 €965 €1.097 €

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

A declared stressed rental market

Basauri has been declared a zona de mercado residencial tensionado by its comunidad autónoma, which is the trigger for the rent limits in the Housing Act: a new lease on a home that was let in the previous five years is generally held to the previous rent as updated, and a large holder is additionally held to the reference index. The declaration is made regionally and listed by the ministry, it runs for a fixed term and it can be extended, so check it is still current before relying on it. The declaring norm is named in the sources below.

The reference figures, in a market that prices by size alone

A quote above 10,97 €/m² needs a reason you can point at; one below 8,43 €/m² needs a survey.

8,43 €/m² to 10,97 €/m² is a very narrow spread: Basauri prices by square metre and rewards little else.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile8,43 €/m²
Median9,65 €/m²
Upper quartile10,97 €/m²
Median monthly rent669,50 €
Median floor area68,93 m²

Related guides

Sources and licences