{"id":9682,"date":"2018-01-16T09:38:09","date_gmt":"2018-01-16T09:38:09","guid":{"rendered":"https:\/\/accionmk.accionmk.com\/?p=4491"},"modified":"2018-01-16T09:38:09","modified_gmt":"2018-01-16T09:38:09","slug":"mercado-del-alquiler-en-espana","status":"publish","type":"post","link":"https:\/\/accionmk.accionmk.com\/en\/rental-market-in-spain\/","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>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 past 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 a 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 PTP3T to 77.11 PTP3T 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.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.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>Due to the good pace of employment and shortage of supply, rental prices are growing at a much higher rate than purchase prices. The average rental price in our country in 2017 was 7.92 \u20ac\/m2; this figure reflects an increase of 9.5% compared to 2016. The Balearic Islands [...]<\/p>","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:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/posts\/9682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/comments?post=9682"}],"version-history":[{"count":0,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/posts\/9682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/media\/9194"}],"wp:attachment":[{"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/media?parent=9682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/categories?post=9682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accionmk.accionmk.com\/en\/wp-json\/wp\/v2\/tags?post=9682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}