Spain Real Estate News
Although the first draft began in February 2022, it has been necessary to negotiate for more than a year to advance in the project. Nowadays, the last Housing Law is close to the final parliamentary procedures for its approval.
This law focuses particularly on rentals. It includes limits and incentives for property owners and measures to facilitate access to housing. It introduces significant changes that will affect the real estate market.
The Spanish real estate market is experiencing a new boom, this time in the rental sector. The average rent for new leases has risen ...continue reading "A new real estate boom: the rental market"
While Madrid is the most expensive region to rent a home, at a monthly cost of €10.20 per square metre, followed by the Basque Country (€10 per square metre), Catalonia (€9.20) and then the Balearic Islands (€8.10), Barcelona is by far the most expensive city. There, tenants must shell out an average of €12.50 per square metre 
every month, meaning a small, one-bedroom flat of 50 square metres will cost €625 a month.
And after rising 11 per cent last year, Barcelona rents look to be booming.
Murcia saw the biggest drop of 4.4 per cent, and is one of the cheapest regions in which to rent, at an average of €4.70 per square metre per month.
Extremadura (€4.20) and Castilla-La Mancha (€4.40) are the only cheaper regions in Spain for tenants.
...continue reading "Barcelona is the most expensive city to rent a home"