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Tag Archives: renting

High Demand for Housing in Andalusia

Home Mortgage Borrowing Up 16%

Over the last 12 months, demand for housing in Andalusia has increased by 20%, according to a report by fotocasa. In 2019 up to 28% of those over 18 years of age living in Spain have taken action related to the purchase or rental of a property in Spain. This is 22% higher than the 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

Cost of Renting Increased 1.6% in November

Rental costs increased in all communities

The average price of renting a house in Spain increased by 1.6% in November to stand at 8.13 euros/m² per month, according to data released by fotocasa. The figures are similar to the beginning of the year when increases were between 1.5 and 2%. On the monthly basis, rental prices increased in six communities and Continue Reading

Cost of Renting Increased 10% in August

Average rental cost increased 10% in August

The average cost of renting increased by 10% year-on-year in Spain in August. This is the third year-on-year increase over 10% in 2017, in addition to 30 consecutive months of annual growth, according to the latest data from fotocasa. The year-on-year variation recorded this month is the third highest recorded this year: in May it Continue Reading

Cost of Renting Increased in Second Quarter

Rents in Marbella increased 11.6%

The average cost of renting increased in Spain by 4.8% during the second quarter of 2017. The average price per square metre now stands at 9.4 euros per month, according to a report from idealista. Average rental prices increased in all the autonomous communities during the second quarter except for Euskadi where prices fell by Continue Reading

Cost of Renting Increased in April

Cost or renting increased in April

The average cost of renting a home in Spain increased by 1.4% in April, to stand at 8.04€ p/m² p/month, according to the latest data from fotocasa. This is the first time since 2011 that the average cost has exceeded 8€. Even more significant is the annual variation. Compared to April 2016 the price has Continue Reading