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Tag Archives: rental

Rental Market Must be Priority in 2020

Increase in public rental property is important

Spain’s new government are expected to put the entire property market under the microscope, with the current rental problems taking a priority. It is, without a doubt, the biggest challenge in the housing market at the moment and has its origin in the growing imbalance between high demand and low supply. This has, of course, Continue Reading

Price Still Main Factor for Tenants

Young people returned to renting in 2019

During the course of 2019, 17% of people in Spain over the age of 18 have had some level of involvement in the rental market, either as landlords or as tenants. This percentage is an increase of three points when compared to 2018. In fact, thanks to this increase, the rental market has recovered to Continue Reading

Cost of Renting a Studio Rising Fastest

Studio prices in Murcia are up 25%

When looking to rent an apartment, tenants usually look at the rental prices, the number of rooms and the m². Over the last year, the prices of rental apartments have varied a great deal according to the number of bedrooms in the main provincial capitals. In the second quarter of this year, there have been Continue Reading

Tourist Property is Cheaper This Year

Tourist Property is Cheaper This Year

Tourist property is getting cheaper, according to a study of occupancy and prices carried out by Rentalia. The average price being advertised for a tourist property less than 15km from a Spanish beach in August is only 29.6 euros per person per night. This represents a 5% drop when compared to the same month in Continue Reading

Rental Costs Up Slightly in April

Rental Costs Up Slightly in April

The price of rental housing in Spain registered a slight increase of 0.8% in April. This puts the average cost per square metre at €8.54 p/month. This figure returns us to similar levels seen in December 2009, when the average price was 8.55 euros p/month. Looking at the year-on-year variation, we see an even smaller Continue Reading

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

Rental Prices Fell Slightly In January

Rental prices fell slightly in January

The price of rental housing in Spain registered a slight drop of 0.7% in January, when compared to January of the previous year. This is only the second decline in rental prices since March 2015. In fact, except for two slight falls, we have seen 47 consecutive months of increases in rental prices. “After almost 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

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