The average price of rental housing in Spain increased by 1% in May, to stand at 7.36 Euros per square metre per month, according to the latest data released by online property portal, fotocasa. This monthly increase continues the trend seen in 2015, during which time rental costs began to increase month after month following Continue Reading
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Category Archives: Rental Property
Coastal Areas See Increased Rental Costs
How many people working in real-estate have heard the question “How far is it from the beach?”. It would appear that proximity to the playa is an important part of the decision when choosing a rental property and the consequence of this demand is that provinces that sit on the coast are recording the largest Continue Reading
Cost of Rental Property Increased in April
The cost of renting a property in Spain increased in April by 0.8% to end the month on an average cost per square metre of €7.29, according to data released by property portal, fotocasa. The annual increase, when compared to April 2015, is actually 4.5%, one of the sharpest rises of recent months. Beatriz Toribio, Continue Reading
Only 3,000 Holiday Rental Properties Registered
Two days ago, on May 11th, the new regulations regarding compulsory registration of a short-term rental property came into force. From now on, every property owner who rents out their property on a short-term, or holiday, basis has to register their property and also ensure it complies with the regulations. So far, only 3,000 properties Continue Reading
Fotocasa Data Shows Rental Cost Increase in Q1
Property portal Fotocasa have released data showing that the average price of rental property in Spain increased by 3.1% in the first quarter. Compare this to the data released last week by Idealista which also suggested an increase, but slightly higher at 4.3%. Renting one square metre now costs an average of 7.24€ per month. Continue Reading
Rental Prices Increased in Q1
According to data released by property portal, Idealista, the cost of rental property increased by 4.3% across Spain during the first quarter ending March at 7.4 Euros per square metre, per month. Comparing on the annual rate the increase is 5.2%. The rental market appears to be recovering more strongly than the sales market. Head Continue Reading
