1 May, 2022 @ 18:30
1 min read

Rental crisis in Spain as supply of properties plummets by a third within a year

Spain Property
Photo: Grupo Terrasun

HOMES to rent in Spain are in increasingly short supply, according to property giant Idealista.

The property listing portal found the supply of rental housing had fallen by 37% during the first quarter of 2022 compared with last year.

Spain Property 2
Spain’s rental market can at times seem like a bit of a free-for-all.
Photo: Grupo Terrasun.

In Granada, the number of lettings available has plummeted a whopping 64% from a year earlier while Girona has seen a similar drop (62%).

Both Sevilla and Malaga have have seen a drop of 50% in the number of houses available to rent

The only places to buck this trend were the provinces of Palencia, which saw rental housing availability increase by a quarter, followed by Huesca (14%) and Soria (7%).

Idealista said: “Most Spanish capitals now have far fewer rental homes than there were a year ago. At the provincial level, the situation has been similar in the last year. Granada registers the greatest drop in supply, followed by Barcelona and Santa Cruz de Tenerife.”


George Mathias

George is an NCTJ trained-journalist who moved from London to Spain's Costa del Sol and joined the Olive Press in February 2022. He has previous experience working at the Basingstoke Gazette and Reach. Contact him [email protected]

1 Comment

  1. Very unsurprising when people outside of Spain are buying up apartments and homes to use as holiday rentals. The Costa del Sol holiday rentals make it almost impossible to find a long-term rental.

    Location : Malaga

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Instructor And Young Female Student, Driving Lesson
Previous Story

UK driving licences for those resident in Spain for more than six months no longer valid from May 1

Next Story

Phoenician necropolis discovered during building works in Osuna in Spain’s Andalucia

Latest from Lead

Go toTop

More From The Olive Press