The best occupancy rates for rental homes on the Spanish coast this summer are to be found in Menorca (Balearics), Huelva (Andalusia), and Asturias (North Coast), according to the holiday-home rental website Rentalia.com
Based on bookings done through rentalia, occupancy rates in Menorca were 92.9pc this August, 92pc in Huelva, and 92pc in Asturias – the three coastal regions with the highest occupancy rates in Spain.
At the other end of the scale, with the lowers occupancy rates in August, were Pontevedra (78.6pc), Granada (79pc) and Cantabria (81.8pc).
Overall, holiday homes within 15 kilometres of the Spanish coast are enjoying an occupancy rate of 87.4pc this August, an increase of 2.5pc compared to last year, all according to data from Rentalia.com. Murcia, Ibiza and Malaga are the areas where occupancy rates have increased the most compared to last year.
“This has been one of the best summers in recent years for the holiday lettings business thanks to the increase in tourists visiting Spain,” explains Almudena Ucha, Director of Rentalia.com. “Many tourists choose to stay in rented homes because of the freedom and privacy they offer, plus the possibility of saving as much as 50pc compared to a hotel.”
Holiday lettings business under threat
These might be the best occupancy rates in several years, and for years to come. The Spanish Government recently devolved the regulation of tourist rentals to the 17 autonomous regions, some of which, like the Balearics and Canaries, are very hostile to holiday-lettings.