The supply of shared flat rooms soars by 80% in 3 years
The transfer of housing to the room rental market coincides with the drought in the whole-house rental market, as a result of homeowners' fear of squatters.
The Spanish housing market is shifting towards room rentals, driven by fears of non-paying tenants and new regulations. According to Idealista, the offer of shared room rentals has surged 80% in three years, while complete home rentals have plummeted 61% since 2020. The trend is driven by increased security for landlords and higher profitability, with 35 cities seeing an increase in available rooms for rent.
Despite a 12% increase in room rentals in the second quarter, prices have remained stable, rising only 1% in the past year to €425 per month.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
