Rental prices down 10pc
The glut of homes for sale is weighing down heavily on the rental market, latest figures confirm. Average rental prices in Spain fell by 9.8% over 12 months to the end of June, according to figures published by the real estate portals Facilisimo and Idealista. As a result, the average rent for a flat of [...]
Holiday rental prices down 10pc in coastal areas
Renting a holiday apartment this August on the beach in Spain will work on 10% cheaper on average than last year, according to data from real estate consultants Tecnitasa.
Barcelona rental prices fall 2pc in Q1
Rental prices in Barcelona have started to go the way of property prices, falling an average of 2% in the first quarter of the year, from 1,081 Euros/m2 at the end of 2008 to 1,060 Euros/m2 at the end of March, according to a report from Barcelona’s Chamber of Residential Property (Cambra de la Propietat [...]
Spanish rental prices fall 8% in 2008
Rental prices fell 8% on average in 2008, whilst the supply of properties for rent surged by 300,000 homes in response to plunging property sales, according to a recent article in the Spanish daily ‘Publico’.
Renting is not popular in Spain, at least when it comes to primary residencies. Just 10% of Spanish families live in [...]
Costa Brava holiday lettings fall 60%
Tourist rental occupancy rates on the Costa Brava have fallen “drastically” over the last 4 months, according to the Tourist Apartments Association of Girona Province (ATA).
Josep Comaposada, President of ATA, says that bookings of holiday properties on the coast were down 60% over weekends and public holidays in January.
“We were used to very high [...]
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