Knowing how much the rent price can rise is one of the biggest concerns for tenants when the rent update date approaches. Although there are limitations to rent increases, 2024 begins with some significant changes we should assess.
...continue reading "Will Rental Housing Prices Rise in 2024? Limits and New Developments to Consider"Tag: rental prices
Cap on Rent Hikes in 2022: Only 2% Increase Possible
Recently, the Spanish government approved a shock plan in response to the impact of the war in Ukraine and the increasing inflation. This plan included a significant measure: it limits the rents increase. It is a measure, however, of an extraordinary and temporary nature.
...continue reading "Cap on Rent Hikes in 2022: Only 2% Increase Possible"How much rent can I afford: calculate your max budget
Many people, especially young people, choose to rent a home instead of buying. Predictable expenses, savings in taxes and maintenance, as well as job instability, are factors that tip the balance. But once the decision is clear, the big question comes: How much rent can I afford? Figuring it out is essential to search for a home according to your actual circumstances.
...continue reading "How much rent can I afford: calculate your max budget"Average rental prices in Spain just keep going up
In August, they went up by 10% in the year. This was the third consecutive month of double-digit rises and the 30th month in a row of increases. ...continue reading "Average rental prices in Spain just keep going up"
Spanish Property: To lease or not to lease
With rents rising astronomically across Spain, buying a property with the intention of renting it out is increasingly appealing for many expatriates. ...continue reading "Spanish Property: To lease or not to lease"