12 Sep, 2024 @ 07:00
1 min read

Spain’s rental nightmare laid bare: How up to 85 families are forced to ‘audition’ for homes in the hottest markets – with demand surging in Barcelona, Malaga, Alicante and elsewhere

SPAIN’S growing rental nightmare has been laid bare by the latest statistics from the second quarter of 2024. 

According to property portal Idealista, across Spain, the average flat has 32 people applying for a viewing before being taken off the market. 

READ MORE: Flat sharing in Spain? These are the cheapest and most expensive cities for 2024

The figure represents a 55% increase on the same period last year. 

Malaga, which has become a mecca for digital nomads and expats, has seen interest soar to an average of 37 viewing requests per home. 

The figure is a 20% year-on-year increase, during which time rental prices have grown nationally by 9.8%. 

It follows repeated protests by locals in the city (pictured above), who claim Airbnb-style lets are reducing demand and hiking up prices.

The most overcrowded markets are Vitoria, with 85 interested renters per home, followed by Guadalajara (64), Barcelona (63), Pamplona (51) and Palma and Tarragona, both at 47. 

In terms of growing demand, Barcelona takes the top spot, with the number of interested renters per flat soaring year-on-year by 100%. 

It is followed by Bilbao, with a 97% increase, then Sevilla (70%), Madrid (60%), San Sebastian (49%), Alicante (48%), Palma (32%), Valencia (21%) and Malaga (20%).

If you’re hoping for less competition, then head to Salamanca, where just seven families battle for each available home on average. 

Also at the bottom end of the ladder are Badajoz, with nine interested renters per home, followed by Caceres (10) and Ourense (11) – plus Ciudad Real, Cordoba and Jaen, all with 12. 

“With hardly any housing on the market, the possibilities of accessing a rental are drastically reduced, being especially complicated for young people and vulnerable groups,” said Francisco Iñareta, spokesperson for Idealista.

“It is undeniable that this situation and the castings that potential tenants have to overcome generate situations of anxiety and frustration. 

“Reversing this situation in a realistic way should be the focus of rental policies.”

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

Leave a Reply

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

Previous Story

Spain on alert after ‘very dangerous’ British criminal escapes from high-security prison in Portugal – as police chief warns ‘lives are at stake’

Poker
Next Story

The Variety of Games in Online Casinos: From Dice to Poker

Latest from Lead

Go toTop