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Category Archives: Renting

Impressive 56% Increase in Property Sales in Huelva

huelva-56-percent-increase-in-property-sales

Many regions throughout Andalucía have seen a drop in property sales however this drop has not been universal. In actual fact one region in Spain is crushing its competitors and saw an increase in house sales from the previous year of 56% in February. The autonomous region which has seen this success is Huelva in Continue Reading

New Rental Decree Good For Tenants

Contracts will now default to 5 years

The Spanish Government have approved the new rental decree, following the failed attempt which was overturned by Congress in December. The decree went into effect on Wednesday, five days after receiving cabinet approval. At a time when affordable rental properties are becoming scarce, the decree from Pedro Sánchez’s government aims to add protection for tenants Continue Reading

Tenants Struggle to Meet Rental Costs

Tenants Struggle to Meet Rental Costs

The gap between tenant budgets and rental prices is growing, according to a report from property portal pisos.com. The gap between supply and demand grew to 147 euros in 2018, a massive 68% increase when compared to 2017. This means tenants are looking at paying 1,764 euros per year more than they can afford. This Continue Reading

Rental Costs Increase Slowed in 2018

Rental Costs Increase Slowed in 2018

The average price of rental housing in Spain closed 2018 with an annual increase of 1.8%, according to a report from fotocasa. This leaves the average cost per month at €8.30 p/m². This is the smallest increase registered in the last four years. It is the fourth consecutive year to see rental prices increase. In Continue Reading

Rental Price Growth Slowed in 2018

Rental prices fell by 0.6% in Q4

The price increases of rental housing slowed in 2018 and ended the year with an interannual increase of 9.3%. Compare this to growth of 18.4% in 2017. This leaves the average square metre at 10.6 euros per month. The slowdown was caused in part by a fall in prices during Q4 when the average cost Continue Reading

Young People Struggling to Afford Rentals

65% of young buyers are women

In 2017, 38% of young people (between 18 and 34 years old) were able to enter the housing market. In 2018, this has dropped to 29%, a 24% fall in one year. This is one of the main conclusions of a report from Fotocasa, “Young people and their relationship with housing 2017-2018“, which aims to Continue Reading