The brutal demand for housing in Palma: 50 families compete for each rental advertisement

Thursday, 26 September, 2024

According to Francisco Iñareta, spokesperson for idealista, “the number of families competing for each rental home does not stop growing, which shows the effects of the destruction of supply that all the political measures adopted in the last 6 years are causing. With hardly any housing on the market, the possibilities of accessing a rental are drastically reduced, making it especially complicated for young people and vulnerable groups. Furthermore, it is undeniable that this situation and the castings that potential tenants have to overcome, competing against dozens of families, generate situations of anxiety and frustration.

Reversing this situation in a realistic way should be the focus of rental policies, through measures that increase supply instead of those that are being applied at the moment, which only manage to reduce it more and more."

The last 12 months, in which the Housing Law has been in force, have accelerated the tension suffered by families in search of rental housing. In Spain the growth has been 55%, increasing in all capitals except Cuenca (-13%) and Teruel (-5%).

Among the large markets, Barcelona is the one that has registered the greatest increase in interested parties in each advertisement, with 100% more than a year ago. This is followed by increases in Bilbao (97%), Seville (70%), Madrid (60%), San Sebastián (49%), Alicante (48%), Palma (32%), Valencia (21%) and Málaga ( 20%).

Real Estate Meeting

Thursday, 30 September, 2021

At the meeting on September 30, we will have the presence of the REU programmers, to present the latest updates and the advantages of publishing all the properties, also publicly, to users who may be interested in buying or rental.

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Legacy homes can be sold now without waiting for unforeseen heirs

Tuesday, 28 September, 2021

With the pandemic and the death of many elderly people, the real estate sector has received a significant injection of housing stock for sale and rent. With the legal change on Friday, inherited home purchases that in the past required a warning from notaries to buyers, are no longer valid. Until now, many of these operations could be blocked or be susceptible to mistrust, due to the risk...

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The sale of homes rises 53.5% in July and marks its maximum in 13 years

Tuesday, 28 September, 2021

The statistic chains five consecutive months of positive rates | The sale of used apartments increased 56.9%


The sale of homes soared 53.5% last July in relation to the same month of 2020, to add 50,258 operations, its highest figure since April 2008, when more than 54,000 transactions were carried out, as reported this Wednesday the...

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