Servihabitat Trends

Servihabitat Trends, the research and market analysis platform spearheaded by Servihabitat, draws up a series of reports with the goal of sharing with its partners an in-depth picture of the financial-real estate sector and analysing the keys to its evolution and future trends.

We invite you to learn about the main conclusions of the studies developed by the platform.

24 October 2018

"Residential rental market in Spain"

The report analyzes the evolution of this market segment and highlights the growth registered by the main indicators, although it foresees a stabilization period. The study, prepared from official sources, has been published thanks to the contribution of our Network of partner agents (APIs) and support from the CEPREDE (Economic Forecast Center).

Read more

In addition to the factors that are favoring the positive evolution of the residential rental market in Spain and the slight depletion foreseen, the study analyzes the changes in the main indicators affecting this sector:

  • 22.9% of the population in Spain lives in rented homes.
  • 27.6% of the primary multi-family homes in Spain are rented. For single-family homes, the rent is the 13.8%. 48.9% of the rented homes have a surface area under 75 sqm.
  • The number of months to rent a home (average value) in Spain has increased slightly compared to the previous analysis. However, this change has not reached the Community of Madrid and Catalonia, in which the average time to rent a home keeps decreasing.
  • The offer of homes available for rent in Spain is 105.000, 7% higher than the previous year. This represents 2.2 homes on offer for every 1,000 people and 5.7 for every 1,000 households.
  • The average price of homes for rent with a surface area between 80 and 90 sqm in Spain is €710 and the average price is expected to increase by 1.5% - 2% during the upcoming six months throughout the territory.
  • The average gross annual profitability of rental homes in Spain is 5.6%, and stays within a similar range to the previous semesters. The Community of Madrid, the Basque Country, Catalonia, the Balearic Islands and Ceuta have prices higher than the average but with equal or lower profitability.

View the report: "Residential rental market in Spain"

 
 

Other reports

Access to previous reports through the following link:

Previous reports

 

23 July 2017

“Residential market in Spain”

The sixth edition of the report on the “Residential market in Spain” provides a comprehensive overview of the status of the housing market of the country and presents a forecast on trends for 2018.

Read more

The report concludes that the residential market is showing clear signs of consolidation in 2018, with sustained growth in the main indicators of the sector. The following are among the conclusions that are highlighted:

  • Residential transactions will grow by 24% in 2018, exceeding the 669,700 transactions registered at the close of the year.
  • The volume of housing starts will increase by more than 16% in 2018, to nearly 93,900 homes.
  • Home prices continue on the rise and are expected to increase by 5.4% in Spain in 2018.
  • The new construction stock continues its downward trend, dropping by 4%.
  • From a general viewpoint, the continued upward trend of average rentals has slowed. The price for a home between 80 and 90 sqm is approximately €680 in Spain on average, while mean gross profitability is 5.7%.
  • Homes purchased by foreigners increased by 13.8% in 2017 to more than 89,000 units. Overall, foreign buyers have made up 17.5% of the total housing transactions in Spain during 2017.

Servihabitat provides the latest news on the evolution of the real estate market in Spain thanks to the contribution of our Network of partner agents (APIs) and support from the CEPREDE (Economic Forecast Center).

View the report: