Rental Costs Continue to Rise Across Spain

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

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Rental Costs Continue to Rise Across Spain

In Spain, in February, the cost of renting a home fell -0.1% on the monthly basis and increased by 10.4% year-on-year. This brought the average cost per square metre to €13.54. “Rental prices continue to increase at a double-digit rate, at a very significant rate of increase, similar to that seen during the 2007 market Continue Reading

Cost of Renting a Home in Spain Up in October

The price on rental housing in Spain increased by 2.9% in October, when compared to September. When comparing the price to the previous year, we see an increase of 9.8%. This brings the average cost per square metre to €12.33 p/month. The annual increase of 9.8% is the highest detected in the last 20 months. Continue Reading

Rental Costs Fell Slightly in July

In Spain, the cost of renting a home fell by 0.5% in July, bringing the average cost per square metre, per month, to €12.59. When compared to the same month in the previous year, the variation is +8.6%. This annual increase is the second highest recorded in the last 12 months. Spain has gone from Continue Reading

2024 First Quarter Positive for Property Market

The first quarterly figures for property sales in Spain show an increase in the price of second-hand housing of 2.5%, and an annual increase of 7.4%. This brings the average cost per square metre to 2,259 euros. “Home purchases in Spain continue to go through a period of high demand while waiting for a possible Continue Reading

Sale and Rental Prices Fell in August

In August, the price of second-hand housing in Spain fell by 0.2%. The annual variation was more significant falling 7.9% since August 2022. This brings the average cost per square metre to €2,145. The monthly fall seen in August is the first fall in the last two years. “Historically, the month of August usually shows Continue Reading

Average Rent Increased 5.11% in 2022

The average cost of property to rent in Spain ended 2022 at 10.49 euros per square meter. This marks a monthly increase of 1.06%, a quarterly increase of 2.48% and an annual increase of 5.11%. The rise in rental costs seems to be unstoppable. According to Ferran Font, spokesman at pisos.com, “the pressure that this Continue Reading

Cost of Renting Reaches Historical Highs

Renting is more expensive than ever

The price of rental housing in Spain increased by 0.9% in July, when compared to the previous month. When compared to the same month in the previous year, rental prices have increased 7.4%. This brings the average cost per square metre to €11.21. The average cost exceeded €10 per square metre some 33 months ago, Continue Reading

Rental Price Rises 2.40% in First Half

Average cost of renting in Spain was €10.22 in June

The average cost of renting a home in Spain was 10.22 euros per square meter at the end of the first half of the year. This figure marked a monthly decrease of -0.10% and a quarterly increase of 0.17%, half-yearly of 2.40% and interannual of 6.13%. According to Ferran Font, Director of Studies at piso.com, Continue Reading

Cost of Renting a Home Fell in July

Cost of rental housing down 2.7%

The price of rental housing in Spain was €10.44 per square metre in July. This is a variation of -2.7% when compared to July in 2020, according to data from property portal fotocasa. This is the sixth consecutive fall. “For several months the trend in rental prices in Spain has changed and large price increases Continue Reading

Average Rental Costs Fell in April

Rental price falls good for tenants

In Spain, the price of rental housing decreased by -0.5% on the monthly variation and by -5.6% interannually. This places the current average cost at €10.40 p/m² per month in April, according to data from Fotocasa. This last value (-5.6%) is the third decrease registered since February 2021 (-1.7%). “The rental market moves at different Continue Reading