OWNERS DROP RENTS

Estate agents said last week that the owners of apartments along the Costa del Sol have lowered their rents by as much as 30% to avoid seeing them empty this summer. Prices range from €800 to €1,200 a fortnight, with front-line apartments with garage and swimming pool being the most expensive. The owners are also more willing to rent for a few days, a week or two weeks, rather than the traditional month-long rental.

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