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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 6 sources · 9 days · First seen · Last updated
Spanish residential rental market demand
Overview
Spain is experiencing significant pressure within its residential rental markets, driven by both student needs and international interest.
At the start of the academic year, university residences reported occupancy rates exceeding 97%. This surge is attributed to a 16.5% increase in demand as rising apartment rental costs drive students toward residential complexes. In Granada, the shortage is particularly severe, with a ratio of nearly six students for every available bed.
Simultaneously, there is a notable rise in international demand for residential rentals in various provinces. Coastal areas and provincial capitals such as Alicante and Valencia show high levels of foreign interest, with international demand accounting for 25% and 24% of searches respectively. Specific municipalities in the Valencian Community, such as Calp and Moraira, report even higher concentrations of foreign interest.
Entities
Timeline
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7 days ago
[BUSINESS] 4 sourcesForeign demand for Spanish rentals rises in Alicante, Valencia, and AlmeríaAn Idealista report shows rising foreign demand for residential rentals in Spain, led by Alicante and Valencia, with high international interest in coastal regions like Almería and the Valencian Community.
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15 days ago
[BUSINESS] 2 sourcesSpain university residences face high demand and occupancySpanish university residences are seeing record demand and occupancy rates exceeding 97%, driven by rising apartment rents and significant shortages in cities like Granada and Murcia.
Sources
diariodealmeria.es · euroweeklynews.com · granadahoy.com · lavanguardia.com · moncloa.com · orm.es