The Spanish housing market continues its upward trajectory, with notable price increases across major cities. The first quarter of the year saw an average national price rise of 7.5%, with some urban centers experiencing even sharper increases. This growth is driven by strong demand, limited supply, and investor interest. Below, we analyze the key regional…
Rent Cap Slows Price Growth but Stalls the Market Catalonia has marked one year since implementing rent controls, remaining the only Spanish region to enforce the Housing Law extensively. While the policy has led to a slight decline in rental prices, it has also resulted in a market slowdown, with supply shortages persisting. Both landlords…
Rental Prices Increase by 10.4% in February: How Do Capital Cities Compare? In February, rental prices in Spain rose by 10.4% compared to the same month last year, although they saw a slight decline of 0.1% from January, reaching an average of €13.54 per square meter per month. According to the latest data published by…
In just four years since the pandemic, the supply of rental properties has plummeted at a rate matched only by another alarming statistic—the sharp rise in rental prices for the few properties still available.
Spain’s Rental Market faces supply decline and record price increases, as 2024 comes to a close, experiencing one of its most critical moments.
The pressure on housing prices is spreading like an oil stain across major Spanish cities. This reality is also affecting the rental of rooms. Barcelona once again leads the ranking as the most expensive city in Spain to live in shared housing, with the price of a room reaching 565€ per month, 13% more than…
%%excerpt%% Historic High in Rental Prices Surpassed in 2024: 16 autonomous communities in Spain have surpassed their historic maximum rental prices, exceeding the peaks reached during the 2007 real estate bubble.
The price of rentals in Barcelona has reached a new record of almost 1,200 euros per month, with the first quarter of this year showing an annual increase of over 100 euros.
Turn of Events: demolishing the regulation of temporary and room rentals in Catalonia. The Generalitat of Catalonia approved a decree-law to regulate temporary and room rentals, but the Parliament repealed it after the elections, with Junts opposing and the PSC abstaining. The decree aimed to tackle the rise in seasonal rentals bypassing price restrictions. Despite some party support, it faced opposition. It outlined that rental contracts must specify their purpose and imposed financial penalties for non-compliance. Implementation may be delayed pending the formation of a new Parliament and Government.
Temporary Rentals and Room Rentals: how is the new housing law affecting them? The Generalitat of Catalonia has approved Decree Law 6/2024, of April 24, on urgent measures in housing, which came into force on Friday, April 26 to regulate temporary rentals (11 months or less) and rentals of rooms. A measure that has been urgently approved to prevent rentals that should be long-term rentals, regulated by the new housing law and subject to price restrictions in stressed areas, from becoming room rentals or temporary rentals, which are not governed by these regulations.