The Balearic Islands have the most expensive holiday homes for this summer. The archipelago is also among the most booked destinations, with an occupancy rate of around 87%, according to data from the Holidu holiday rental portal

Balearic Islands is the most expensive Spanish tourist destination to rent a holiday home, with a stay of around 253 euros per night for the summer. Holiday flats are positioned as one of the main accommodation options for Spanish holidaymakers looking for anything from a luxury villa with a private pool to a small flat in the city centre.

For next summer, Spain will have an average occupancy rate of 82% in its holiday homes, with prices averaging 172 euros, according to data from the Holidu holiday rental and flat portal. This figure is 13% more expensive than the previous summer for the same dates. The Canary Islands, Extremadura and Galicia are the regions with the cheapest prices for these upcoming holidays.

The high demand for this type of accommodation coincides with the results of the latest survey of 2,471 holiday home owners. In this survey, 52% of Spanish owners expected more bookings than last year and 48% of owners said they were planning to increase prices this year.