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Category Archives: Rental Property

Cost of Renting in Spain Fell in November

Cost of Renting in Spain Fell in November

The average price of renting a home in Spain dropped by 0.5% in November. This takes the average price per square metre, per month down to €8.18, according to data from Fotocasa. As for the year-on-year variation, the cost of renting increased by 0.6%, when compared to November last year. This continues the annual increases Continue Reading

Cost of Renting Increased Again in August

Cost of Renting Increased Again in August

The average price of rental housing in Spain increased in October by 1.4% to stand at 8.22 euros per square metre, according to figures from fotocasa. Year-on-year, the increase in the cost of renting a home in Spain increased by 2.7%. This increase continues the upward trend we have seen over the last 44 months, Continue Reading

Average Rental Costs Up in Third Quarter

Average Rental Costs Up in Third Quarter

There appears to be some dispute as to what is happening to the rental market. One thing that can be agreed is that average rental costs increased over the summer, but by how much depends on who you ask. According to the quarterly rental price report from pisos.com, the average rented home in Spain in Continue Reading

Rental Costs Fell in August

Rental Costs Fell in August

The average price of rental housing in Spain decreased by 2.2% in August, to stand at €7.89 per square metre, per month. This year-on-year decrease is the first fall in rental costs recorded since March 2015. Back then, average rental prices began to increase and recorded 41 consecutive months of increases. “This year-on-year fall in Continue Reading

Spain’s Housing Stock is Getting Old

Average property age in Spain is 45 years

Second-hand housing for sale in Spain has an average age of 45 years, according to a study carried out by idealista. Rental properties currently on offer are slightly younger at an average of 44 years old. However, the differences in property ages in different provincial capitals are notable. This can be said of both sale Continue Reading

Rental Costs Dip Slightly in July

Rental Costs Dip Slightly in July

The average price of renting a house in Spain fell by 1% in July, to stand at an average cost per square metre of 8.37 euros per month. On a monthly basis, the variation showed a small increase in only Madrid (+1.4%) and Murcia (+0.9%), according to data from fotocasa. The current average price returns Continue Reading

Cost of Renting a Room in Spain Increases

Average room rental cost is up 7%

The cost of renting a room in a shared property has increased by 7% over the last year. This brings the average cost to 331 euros per month, according to a study by idealista. At the same time, the amount of available rooms has reduced by 3.3% which is likely to keep prices rising. In Continue Reading

Price of Rental Housing Up in Second Quarter

Murcia saw the biggest increase in rental costs

The price of rental housing in Spain increased by 2.4% during the second quarter of 2018. This brings the average price per square metre to 10.8 euros per month, according to the latest data from idealista. When comparing to the same period in 2017, the increase reaches 15.6%. “It is true that we are experiencing Continue Reading

The Cost of Renting a Home Fell in May

Prices grew 8% in the Canary Islands

The average price of renting a home in Spain decreased by 1.1% in May to stand at €8.44 p/m² per month, according to data from fotocasa. On a monthly basis, rental costs increased in eight communities and decreased in nine. The highest monthly increase was recorded in Murcia (+2.6%), followed by the Canary Islands (+1.1%) Continue Reading

Demand For Rental Housing Falling

Demand For Rental Housing Falling

Over the last twelve months, the demand for rental housing has fallen by 36%. In 2017, 14% of people over 18 years old had rented or sought to rent a home. In 2018 that percentage is 9%. This is the conclusion of the study “X-Ray of the Housing Market 2017-2018” carried out by property portal Continue Reading