From December 2020 to December 2025, the supply of apartments and houses for long-term rentals in Spain decreased by 56%, while rental prices increased by 30%, writes Idealista.
During the coronavirus pandemic, when people's movement was limited, the supply of long-term rental housing increased dramatically and doubled in a few months, leading to lower rental rates. However, further, due to the "punitive" policy towards tenants, according to Idealista analysts, many apartments were withdrawn from the market, which led to a reduction in supply and an increase in prices.
The supply decreased the most in Barcelona - by 84% in 5 years.This is followed by Seville (-73%), Palma (-73%), Madrid (-71%), Granada (-71%) and Las Palmas de Gran Canaria (-70%).Other major cities also saw a marked reduction in supply, including San Sebastian (-65%), Malaga (-64%), Valencia (-63%) and Bilbao (-61%).
In 5 years, rental prices have increased in all major cities. Rent went up by 74% in Valencia, by 62% in Barcelona, and by 60% in Alicante.This is followed by Malaga (55%), Segovia (54%), Palma (53%), Avila (45%) and Madrid (44%).Read also:
Source: Idealista
