{"id":9682,"date":"2018-01-16T09:38:09","date_gmt":"2018-01-16T09:38:09","guid":{"rendered":"https:\/\/accionmk.com\/?p=4491"},"modified":"2018-01-16T09:38:09","modified_gmt":"2018-01-16T09:38:09","slug":"rental-market-in-spain","status":"publish","type":"post","link":"https:\/\/www.accionmk.com\/en\/mercado-del-alquiler-en-espana\/","title":{"rendered":"The rental market in Spain is growing at a good pace"},"content":{"rendered":"<p>Due to the good pace of employment and shortage of supply, rental prices are growing at a much higher rate than purchase prices.<br \/>\nThe <strong>average rental price<\/strong> in our country stood at 7.92 \u20ac\/m2 in 2017; this figure reflects an increase of 9.5% compared to 2016.<br \/>\nThe <strong>The Balearic Islands and Catalonia are the regions where prices have grown the most.<\/strong>. The regions with the lowest revaluation were Castilla-La Mancha and Extremadura.<\/p>\n<p>There is a correlation between regions that are more economically dynamic and exposed to tourism and this price increase.<\/p>\n<h1 id='mercado-del-alquiler-en-espa\u00f1a'>Rental market in Spain<\/h1>\n<p>On the other hand, <strong>holiday rentals<\/strong>located in the major tourist areas, focuses on the <strong>holiday and short term demand<\/strong>This reduces the supply of traditional, long-term rental housing and puts upward pressure on rental prices.<\/p>\n<p>Over the last few years, the weight of the <strong>renting in Spain has increased significantly<\/strong>although it started from low prices. According to the <strong>INE<\/strong>the <strong>percentage of households residing under rental contract<\/strong>\u00a0has risen from 9.6% in 2001, to <strong>16.3% in 2016<\/strong>In contrast, home ownership has been reduced from 84.71 Tbp3T to 77.11 Tbp3T in the same period.<\/p>\n<p>Although this increase in rent is significant,<span style=\"text-decoration: underline;\"> Spain is still one of the countries in the European Union with the highest property ownership rate.<\/span>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-4492 size-full\" title=\"rental market in Spain\" src=\"https:\/\/accionmk.com\/wp-content\/uploads\/2018\/01\/mobiliario-1.jpg\" alt=\"rental market in Spain\" width=\"657\" height=\"281\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Whether this trend will continue to grow or not depends on a <strong>a multitude of factors<\/strong>The following are some of the factors that would come into play in predicting whether rents will increase in the coming years: income level, age, level of education or marital status.<\/p>\n<p>To conclude this post on the <strong>rental market in Spain<\/strong>If the situation of the head of household were taken into account, the housing trend in Spain would look like this.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-4493 size-full\" title=\"rental market in Spain\" src=\"https:\/\/accionmk.com\/wp-content\/uploads\/2018\/01\/mobiliario-2.jpg\" alt=\"rental market in Spain\" width=\"644\" height=\"253\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Debido al buen ritmo del empleo y escasez de oferta, se est\u00e1 favoreciendo un crecimiento de los precios del alquiler muy por encima de los de compra. El precio medio del alquiler en nuestro pa\u00eds se sit\u00faa en 2017 en los 7,92 \u20ac\/m2; este dato refleja un incremento del 9,5% respecto al 2016. Las Islas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,12],"tags":[],"class_list":["post-9682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-estudiosdemercado"],"_links":{"self":[{"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/posts\/9682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/comments?post=9682"}],"version-history":[{"count":0,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/posts\/9682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/media\/9194"}],"wp:attachment":[{"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/media?parent=9682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/categories?post=9682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.accionmk.com\/en\/wp-json\/wp\/v2\/tags?post=9682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}