News: Spanish rental prices still falling
The average cost of renting a home in Spain fell by an annualised 0.4% in October, according to the latest consumer price index data (CPI) published by the National Statistics Institute.
Home rental prices in Spain have now fallen for 31 consecutive months, and stand below the general CPI (-0.7%).
Rents fell in all regions in October with the exception of the Canary Islands, where prices remained stable, and Catalonia, the Balearic Islands, Navarra and Galicia, where prices rose by around 0.2%.
The most significant declines were registered in Valencia, Murcia, La Rioja, Madrid and Andalucía.
Spanish rental prices rose quickly in the early 2000´s and continued increasing even after the house price bubble burst. Since then they have not fallen as much as property prices, which means that rental yields in Spain have improved since the boom years. In the current Spanish economic environment, the continuing fall in rental prices suggests that house prices will also keep falling.
This means that now is a good time to rent or buy property in Spain. If you are looking for a home in the sun, we have the best offers in much sought-after areas such as Villamartin, La Zenia, Playa Flamenca, Cabo Roig, Campoamor and Punta Prima. Call us now!
Featured Properties
-
Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - Orihuela Costa - Orihuela Costa
Ref.: 2601 51m2 1 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1369 85m2 2 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1706 48m2 1 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 3316 100m2 2 2 - Sea viewEXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima - La Ciñuelica
Ref.: E3234 69m2 2 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: 1375 73m2 2 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1536 85m2 3 2 - Sea view
390.000€379.000€Villa - Resale
Spain - Alicante / Costa Blanca South - Costa Blanca - Orihuela Costa
Ref.: D1768 218m2 4 4 - Sea viewEXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: D1730 80m2 3 2 - Close to sea
780.000€750.000€Villa - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1370 210m2 4 2 - Sea viewEXCLUSIVEClose to sea
Villa - Resale
Spain - Alicante / Costa Blanca South - La Mata
Ref.: D1718 186m2 5 4 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1359 76m2 2 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1367 120m2 2 2 - Close to sea
Commercial Property - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: N091 100m2 0 0 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1733 2 2
Latest properties
-
Quad House - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 6175 72m2 2 2 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 6174 114m2 3 3 -
Villa - New build
Spain - Alicante / Costa Blanca South - Lo Romero
Ref.: ON1823 122m2 3 3 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1651 61m2 2 1 -
Town House - Resale
Spain - Alicante / Costa Blanca South - Los Altos
Ref.: 1652 85m2 3 2 -
Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 1653 102m2 3 2 -
Villa - New build
Spain - Alicante / Costa Blanca North - Pinoso - Lel
Ref.: ON1822 185m2 3 3 -
Villa - New build
Spain - Alicante / Costa Blanca North - La Romana - Las Batistes
Ref.: ON1821 115m2 2 2 -
Penthouse - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 6173 108m2 3 1