Sorello Guides

What a flat in Gandia really rents for

4.279 declared leases sit behind it: enough to inform, small enough that one street can sit outside the range. Five years have added 33 % to the reference, well ahead of general inflation. A flat in Gandia rents at a reference of 5,22 €/m², cheap enough that the condition of the property, not its price, is what you are really choosing between.

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

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

Across the country, the five-year change in the reference rent here belongs to the second-dearest twentieth.

Ranked against its neighbours in Valencia, it holds the second highest number of declared leases of the group.

Over the whole guide, the population recorded here falls within the band just inside the top fifth.

In context

Line the Valencia municipalities in this guide up by median floor area of a let flat and this one is the sixteenth highest.

Over the whole guide, the reference rent per square metre recorded here falls within the bottom quarter.

On lower-quartile rent per square metre it is the tenth lowest of the Valencia municipalities this guide covers.

Put beside the rest of the country, its upper-quartile rent per square metre belongs to the band just above the bottom quarter.

Measured against its neighbours

Of the Valencia municipalities covered here, this one comes eleventh lowest on median declared monthly rent.

Nationally, that share of main homes that are rented falls in the exact middle of the range.

How much of the stock is rented

Renting accounts for 16,36 % of main homes in Gandia, close to the Spanish norm.

44,41 % of Gandia dwellings are not a main residence, which is why long-term supply is thin in summer.

The reference figures, and how far apart they sit

4.279 declared leases sit behind it: enough to inform, small enough that one street can sit outside the range.

3,98 €/m² against 6,88 €/m² is a wide spread: in Gandia the same nominal flat means very different things.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile3,98 €/m²
Median5,22 €/m²
Upper quartile6,88 €/m²
Median monthly rent480,00 €
Median floor area96 m²

Check a quoted rent against the reference

Gandia flats run large: the median declared area is 96 m².

Five years have added 33 % 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 m²219 €287 €378 €
75 m²299 €392 €516 €
100 m²398 €522 €688 €

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

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