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
Rental Costs Fell Slightly in July
Here you will find news, views, events and information relating to real-estate in Spain.
Tag Archives: rental property
Sale and Rental Prices Increase in April
Second hand house prices in Spain reached 2,269 euros p/m² in April having increased by 0.4% when compared to March. When compared to April in the previous year, the price increase is 7.4%. “The evolution of the price of second-hand housing continues to rise sharply and with a stable trend for five months, coinciding with Continue Reading
Rental Costs Reach Historical High in January
The price of rental housing in Spain increased by 1% in January when compared to December 2023. When compared to the previous January, the increase was 5.1%. This brings the average price per square metre, per month to €11.78. This is the highest average rental cost since 2006. “The price of renting continues to rise Continue Reading
Cost of Renting a Home Increased in August
In August 2021, the cost of renting Spanish property had an average cost per square metre of 9.763 euros per month. This represents a monthly increase of 0.62%, and an annual variation of -1.97%. “Although renting is somewhat cheaper than last year, month by month we see how the monthly payments recover ground”, said Ferran Continue Reading
Cost of Renting a Home Fell in July
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
Cost of Renting in Spain Fell in May
In Spain, the price of rental housing increased by 0.2% on the monthly variation but fell by -4.5% when compared to the same month in 2020. This places the average price at €10.42 p/m² per month in May, according to data from the Fotocasa Real Estate Index. This last value (-4.5%) is the fourth decrease Continue Reading
Rental Returns Increased in First Quarter
For an average home with a price of 178,395 euros and an average monthly rent of 958 euros, an owner saw a return of 11,496 euros gross per year, a gross return of 6.44%. During the first quarter of the year, there was an increase of more than six tenths compared to the same quarter Continue Reading
Cost of Renting Falls – First Time in 5 Years
The average price of rental housing in Spain fell by 1.7% year-on-year in February, the first fall following almost six years of increases. When compared to January, the fall in the cost of rental housing was -0.9%. This brings the average cost per square metre per month to €10.48, according to data from fotocasa. The Continue Reading
Disposable Income Falling as House Prices Rise
In 2019, the average monthly mortgage repayment was 591 euros, in Spain, according to the College of Notaries. Looking at renting, the average monthly rent was 966 euros. In both cases, the percentage or monthly income allocated to housing costs is well above that recommended by the Bank of Spain. “The economic capacity of families Continue Reading
Cost Of Rental Homes Down in Q3
In Spain, the price of rental homes experienced a quarterly decrease of -0.7% at the end of the third quarter and an annual increase of 12%, placing the average price at the end of September at 10.74 euros per square meter per month. This last year-on-year increase represents the sixth increase in this period after Continue Reading
