The housing for rent in Spain had in June 2019 an average area of 125 square meters and an average monthly rent of 943 euros. This figure marked a monthly rise of 1.62%, quarterly of 4.31%, half-yearly of 5.96% and interannual of 16.28%, according to the semi-annual rental price report prepared by www.pisos.com.
According to Ferran Font, director of Estudios de pisos.com, "the rise in lease installments continues to strain relations between owners and tenants, especially in those cities that act as a focus for rental demand, either for work or for studies".
The expert indicates that in some cities beyond our borders, specific plans are being implemented: "It is not just about protecting citizens in vulnerable situations, but about protecting them. not endanger that part of the population that, although having economic capacity, sees as the percentage of their salary destined to the rent does not stop to increase»
The spokesman for the real estate portal says that "the return to reasonable price levels, since we are playing the emancipation of an entire generation, putting obstacles to entrepreneurship and enriching society as a whole ».
To cool down the market, the manager proposes "a serious dialogue between public and private authorities, adding the citizenship to the debate, in order to reach viable solutions that satisfy all the agents involved ». Font points out that "administrations must collaborate with companies to create a Rental housing park within reach of all pockets, while employment and wages must improve to the point of facilitating savings and providing greater solvency ».
Madrid, the most expensive capital and Teruel the cheapest
The semiannual report of pisos.com revealed that the most expensive regions to live for rent in June 2019 were Madrid (€ 1,671 / month), the Balearic Islands (€ 1,339 / month) and Catalonia (€ 1,194 / month), while the cheapest rents were registered in Extremadura (466 € / month), Castilla-La Mancha (555 € / month) and Galicia (565 € / month).
In the first half of the year, the most striking increase took place in Navarra (14.33%). The only adjustments occurred in La Rioja (-3.27%), Asturias (-2.44%) and Aragón (-0.85%). Compared to last year, Catalonia (21.59%) was the one that rose the most. There were no falls in this period.
In the classification of provinces by rent, in June 2019 the first position was for Madrid, with 1,671 euros per month. They were followed by Barcelona (€ 1,428 / month) and Guipúzcoa (€ 1,376 / month). On the opposite side, Teruel closed the ranking with 391 euros per month. Other economic provinces were Jaén (€ 404 / month) and Cáceres (€ 431 / month).
Albacete (15.43%) was the province that most increased its rents in the first semester, whereas Álava was the one that most affected them (-7.31%). From one year to the next, the highest increase recorded was that of Malaga (24.78%). The rent that was adjusted the most was that of Jaén (-6.99%).
As for provincial capitals, Madrid was the most expensive for tenants with an average income of 1,969 euros per month. They were followed by Barcelona (€ 1,899 / month) and Donostia-San Sebastián (€ 1,436 / month). Conversely, Teruel was the cheapest with 421 euros of monthly rent. Other economic provincial capitals were Zamora (428 € / month) and Lugo (466 € / month).
Tarragona (14.39%) carried out the biannual increases, while Palencia (-10.23%) was the capital that was most devalued in this period. Compared to June 2018, Palma de Mallorca (20.62%) led the increases. The most striking cut was again Sevilla (-10.64%).
. (tagsToTranslate) prices (t) rent (t) first (t) semester