#bcnstatistics

[coldwell-banker-sant-cugat-eng]

New Study of Spanish Property

A new study of the Spanish property market has brought to light some interesting facts about the Spanish rental market.

Average Spanish Rental Home: 90m² Apartment costing approximately €540 a month.

Spanish rental market will grow by 10% in 2016.

Rental prices in the Canary Islands, Cantabria, Madrid, Pais Vasco and Catalina are higher than the rest of the country.

37% of rental apartment tenants are single parent families.

28.5% of rental apartment tenants are single people.

23.9% of rental apartment tenants are a family of two adults or more with children.

Approximately 22.7% of Spanish residential property market is rentals.

Approximately 4.2 million primary residences in Spain were rented out in 2015.

The gross average return from rental properties in Madrid, the Balearic Islands and Cataluna is higher than in the rest of the country.

Gross average return from rental properties in Spain for 2015 was 5.4%.