Rental market Spain

idealista and the General Council of Notaries have signed a collaboration agreement via the Notary Technology Centre – allowing anonymised data from notarised home sales to be integrated into idealista’s analysis tools. Real estate professionals will gain access to independent valuations, including closing price, date, surface area and price per square metre – with advanced filters to refine market insights based on actual transaction data.

One of the first consequences of the pandemic and the state of emergency on the property market was a sharp rise in the supply of rental homes.

The Bank of Spain has analysed the weight that tourist accommodation has in the rental stock of the 25 urban areas with the highest density of holiday homes and Marbella and Elche at the top of the ranking. In Malaga, tourist apartments represent almost 65% of the rental market in the city centre, while the Alicante town's weight is close to 70% in the peripheral area. On the other hand, in Spain as a whole they represent 10%, more than double that of Madrid or Barcelona.

Seasonal rentals keep gaining relevance in the real estate market to the detriment of permanent rentals, as a consequence of the successive policies that are driving this phenomenon. In the first quarter of 2024, this type of rental accounted for 11% of the market, with a year-on-year increase in supply of 56%, while the permanent rental supply fell by 15% in the same period.

Eight of the ten places with the highest pressure on housing supply in the rental market are in the towns and cities on the outskirts of the two major Spanish capitals, according to the idealista study.

The secretary general of the socialist group in Congress, Isaura Leal, has closed the door to Unidas Podemos's idea of including a compromise amendment in the Housing Act to regulate tourist accommodation.

One more year, the increase of rental prices has pulverised all previous records! Rental prices have soared by two digits over the last year on average in large cities and coastal areas. This consolidates a long standing trend that goes all the way back to 2016.

According to a study published by idealista, the southern European real estate marketplace, 15% of the properties that were rented through idealista in October had not even been on the market for 24 hours.

When renting a house, it is important to pay close attention to the contractual information in order to avoid any surprises or damages that may arise. There are different types of rental contracts, depending on the time and type of property.

In large cities in Spain, such as Madrid or Barcelona, where the price of renting a flat is beyond the economic possibilities of many people, renting individual rooms is an increasingly common practice. But what does this look like, and what are the most common doubts about the process?

Rising electricity costs: you might be sick of hearing about them by now, but the world's energy crisis might have something of a silver lining.

Milan is the southern European city that requires the greatest effort to rent a property: in the great Italian economic hub, families must spend 42.6% of their income on rent, according to a study by idealista, which crosses rental prices in March 2021 and estimated* household incomes.

Investing in Spanish property to let it out (BTL) became a hugely profitable business over the last five years, yielding two digit returns year-on-year.

1% of all properties that are listed for rent on idealista have a surface area of less than 30 m2.