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Here you will find news, views, events and information relating to real-estate in Spain.

Category Archives: Rental Property

Price of Rental Housing Fell in July

Average cost of renting fell in July

The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading

Only 30% of Homes Have Air-Conditioning

Summer temperatures can be brutal!

Despite being one of the hottest summers, Spain’s housing stock shows that not everybody has the benefit of air-conditioning. In fact, only 30.1% of homes currently for sale or rent in Spain are equipped with any form of cooling, according to a study by idealista. For the study, the property portal analysed 900,000 homes currently Continue Reading

Apartments Most Popular for Holiday Rental

Only 10% of holiday rentals are villas

Four out of ten homeowners who put their property on the holiday rental market managed to rent the property within the first two weeks. In fact, 7% managed to get a tenant within the first week. 16% rented the property within one week, while 19% needed two weeks to rent it. “The speed and ease Continue Reading

Record Sales to Foreigners in 2017

Foreigners bought 13.2% of property sold in 2016

In 2016 the number of properties purchased by foreign citizens reached 13.2% of the total units sold in Spain; record sales, and the highest figure from the last decade. However, the current data suggests 2017 will surpass those record sales, by a substantial margin, according to the latest Residential Market Report prepared by investment management Continue Reading

Average Rent Increased 6% Since January

Prices are up 12.08% since last year

According to the bi-annual rental price report prepared by piso.com, the average rental property in Spain has an average surface area of 112 m² with an average monthly rate of 705 euros. This figure represents a monthly increase of 0.57%, a quarterly increase of 4.44%, a semi-annual increase of 6.02% and year-on-year growth of 12.08%. Continue Reading

Rental Costs Increased in May

Renting costs 10.5% more than last year

Average rental costs in Spain increased by 1.3% in May, when compared to the previous month. The average price now stands at 8.14€ /m² per month, according to the latest data from fotocasa. This is only the second month since 2011 to see an average price over 8€ /m² per month. As with April, we Continue Reading

Coastal Property Prices Surge

Spain has thousands of miles of beautiful coast

Coastal property is seeing a surge in prices of both property for rent and for sale. According to data released by pisos.com, rental costs increased by 13.57%, while property for sale increased by 19.84%, when compared to 2016. Although there are certain enclaves showing a greater recovery than others, generally all coastal areas are showing Continue Reading

Rental Costs Increased In Q1

Average rent costs up 8.8% in Q1

The price of rental property in Spain increased by 8.8% during the first quarter of 2017. The average price of rental property now stands at 8.9€ per square metre, per month. According to research from idealista, the increase in rental costs is being driven by increased demand. The demand is being led by two distinct Continue Reading

Rental Costs Down €188 in Ten Years

Rental cost has fallen 24.8% in 10 years

Rental costs in Spain have dropped by an average of €188 since the maximum was recorded in May 2007, according to the latest analysis by real-estate portal fotocasa. Back in 2007 the average cost to rent a home in Spain was €810 (€10.12 / m²) for a property of 80m², while in February this year Continue Reading

Rental Costs Increased in January

The cost of renting increased in January

Rental costs in Spain increased by 1.7% in January to stand at an average of 7.61 € per square metre per month. This is the largest monthly increase since December 2007 when prices increased by 1.8% over the previous month. Additionally, year-on-year the price of rental housing has increased by 7.9% when compared to January Continue Reading