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Tag Archives: renting

Cost Of Rental Homes Down in Q3

Renting cost fell in 12 autonomous communities

In Spain, the price of rental homes experienced a quarterly decrease of -0.7% at the end of the third quarter and an annual increase of 12%, placing the average price at the end of September at 10.74 euros per square meter per month. This last year-on-year increase represents the sixth increase in this period after Continue Reading

Price Of Renting Hardly Moved in August

Rental costs up only 0.1% in August

The price of homes for rent in Spain increased 0.1% when compared to July and increased by 8.6% when compared to the same month in the previous year. This brings the average cost to €10.74 p/m² per month according to data from Fotocasa. This value is -28% below the average for the Community of Madrid, Continue Reading

Price of Rental Housing Fell in July

The cost of renting in Malaga fell by 1.3%

The price of rental property in Spain fell slightly in July, recording a monthly variation of -0.8%. When compared to the same month in the previous year, the variation is +7.9%. This change puts the average cost per square metre per month at €10.73, according to the real estate index from fotocasa. The national average Continue Reading

Rental Costs Fell in Second Quarter

Rental Costs Fell in Second Quarter

The price of rental housing in Spain experienced a quarterly decrease of -0.2% in June, the first drop in rental prices after six years of increases. However, the year-on-year price has risen by 9.1% to put the average cost per square metre per month at €10.82. “The price of rental housing in the second quarter Continue Reading

Cost of Renting Rises Despite Lockdown

Madrid: most expensive for renting

During the first quarter of 2020, the cost of renting a home in Spain has increased by 6.5%, a trend that is expected to continue despite the situation with corona virus. The increase is the largest recorded in a first quarter in over 14 years of data, according to the fotocasa real estate index. The Continue Reading

Cost of Renting Continues to Rise

Ibiza Town has seen rental costs spiral up 93% in five years

In the last five years, the price of rental housing in Spain has increased by 50%, according to analysis by Fotocasa. It has long been subject for debate for the government when considering price caps for rental property, a tactic which few other countries have dared to try. But with the costs involved in buying 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 Home Still Rising

Cost of Renting a Home Still Rising

At the end of the third quarter of 2019, the average cost of renting a home in Spain was 10.9 euros per square metre per month, a quarterly increase of 0.9%. When comparing to the same period last year prices have increased by 5.2%, according to a report from idealista. Rents in the two large Continue Reading

Cost of Renting Drops in August

Cost of Renting Drops in August

The price of rental housing in Spain fell again in August with owners now asking 0.5% less than in July. However, when compared to August 2018, prices have actually risen by 7.7%. This brings the average cost per square metre to €8.50 p/month. Shockingly, this national average is a massive 39% lower than the average Continue Reading

Rental Prices Moderating Across Spain

Rental Prices Moderating Across Spain

The average cost of renting a property in Spain increased by just 0.3% in July to stand at €8.54 p/m² per month. This brings us close to the price seen in December 2009 when the average was €8.55 p/m² per month. On a year-on-year basis, the price of rental housing increased 2.1% and continues to Continue Reading