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
- Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: E3137 2 1 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1532 66m2 2 1 - Close to sea
Commercial Property - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: N045 130m2 0 0 - Close to sea
Commercial Property - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: N091 100m2 0 0 - Sea viewEXCLUSIVEClose to sea
Villa - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: D1488 306m2 4 3 -
Commercial Property - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: N082 85m2 4 2 - EXCLUSIVEClose to sea
Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - Torrevieja - Los Balcones
Ref.: D3539 95m2 3 2 - Sea viewEXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: D1730 80m2 3 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1815 50m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Villamartin
Ref.: 1371 74m2 2 2 - Sea viewEXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima - La Ciñuelica
Ref.: E3234 69m2 2 1 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1536 85m2 3 2 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Algorfa
Ref.: 2307 87m2 3 2 - EXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Pilar de La Horadada
Ref.: E3771 65m2 2 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Campoamor
Ref.: 1372 54m2 2 1
Latest properties
-
Villa - Resale
Spain - Alicante / Costa Blanca South - Ciudad Quesada
Ref.: 6193 94m2 2 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Villamartin
Ref.: 6191 80m2 2 2 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Cabo Roig - Lomas de Cabo Roig
Ref.: 6190 86m2 2 2 -
Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - La Florida
Ref.: 1385 56m2 2 1 -
Villa - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: D1396 140m2 3 3 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: E1811 65m2 3 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1815 50m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - La Veleta
Ref.: 1805 74m2 3 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1707 74m2 2 2