Business · Economy · 13 hrs ago

Short-term and room rentals made up 55.8% of Spanish capital listings

Short-term and room rentals made up 55.8% of Spanish capital listings

A Spanish Ministry of Consumer Affairs study found that rooms and seasonal lets made up 55.8% of rental listings in the country’s capitals between March and September.

Rooms accounted for 47.7% of listings and seasonal rentals for 8.1%, while 44.2% were homes offered for regular residence.

The study examined 381,997 listings on Idealista across 53 capitals.

Madrid and Barcelona had 45.5% of seasonal rental listings identified in the study.

In nine cities designated as stressed housing markets, there were about 31 seasonal listings for every 100 residential ones, compared with nine per 100 in other cities.

The researchers say seasonal contracts may have been used to avoid some rules and tenant protections that applied to ordinary rentals.

An October decree tightens the conditions for seasonal lets, and it is due to face parliamentary validation soon.

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