Yes, it is possible to rent in Spain.
Extensive response
Yes, it is possible to rent in Spain. Renting a property in Spain is a popular option for both locals and foreigners. According to Idealista, one of Spain’s leading property websites, rental prices in Spain increased by an average of 1.8% in 2020, although prices varied by region.
There are various types of properties available for rent in Spain, including apartments, villas, and townhouses. The rental market is influenced by seasonality, with many landlords preferring to rent out their properties during the summer months when demand is high.
When renting a property in Spain, there are certain requirements that must be met, such as providing identification documents, signing a rental contract, and paying a deposit. It is also recommended to use a real estate agent or lawyer to ensure a smooth transaction.
According to Knight Frank, a leading global property consultancy, Spain is known for its “good value rental market,” with rental prices in popular cities like Madrid and Barcelona being lower than other European cities like Paris and London.
In addition to traditional long-term rentals, short-term rentals through platforms like Airbnb have also gained popularity in recent years. According to Statista, the number of tourist apartments in Spain increased from around 600,000 in 2015 to over 1.1 million in 2020.
Overall, renting in Spain is a viable and popular option for those looking for a place to live or vacation in the country.
| Pros | Cons |
|---|---|
| Flexible rental options | High demand during peak seasons |
| Affordable rental prices | Certain legal requirements for renting |
| Diverse selection of properties | Need for reliable real estate or legal support |
| Popular rental market for tourists | Competition in popular areas |
Mark Twain once said, “Buy land, they’re not making it anymore.” While buying property may seem like a good investment, renting is a more flexible option in many cases. In Spain, the rental market is strong and offers a range of properties at affordable prices. Whether it’s a long-term rental or a short-term holiday rental, there are options available for those looking to rent in Spain.
Related video
In this video from the Days We Spend channel, Sean and Lainey share their struggles in finding an apartment in Spain as non-lucrative visa holders. They searched for a long-term apartment on idealista.com and tried to talk to realtors face-to-face, but most required proof of income which they didn’t have. They eventually found two realtors who were willing to work with their bank statements and an advocate who helped them secure a charming, well-equipped apartment with a cute balcony. Despite some difficulties with the paperwork and language barrier, they successfully signed the contracts and paid a 600 Euro deposit. Working with a friendly and accommodating immobilieria was key in making the rental process smoother.
There are alternative points of view
You need proof of your income. Before the landlord agrees to rent their property to you, they might ask for a document that proves you have a minimum monthly income that will allow you to pay the monthly rent without any problems. You have to have a bank account in Spain.
Spain is the third most popular tourist destination in the world, and many tourists, especially Europeans, choose to rent short-term vacation rentals for their stays. Many then go on to buy or rent a property long-term, even retiring in Spain, in many cases.
Spain is a very affordable place to live compared to many neighboring countries in western Europe. That said, you might find that rental costs can take a big bite out of your monthly salary. Since most homes in Spain are owner-occupied, renting in Spain can be competitive and expensive. Rent prices have risen by more than 50% since 2014.
Many people use online portals and in Spain there are many. Local estate agents will also have some properties for rent but these are more likely to be short-term rentals (up to 11 months) or tourist rentals.
One thing about rentals in Spain, though, is universal. That is that you are required to declare all income derived from rentals to the tax authorities! You will need a licence number to advertise the property. This will automatically alert the taxman to the rental – you can no longer escape his interest.
How much is it to rent property in Spain? The average monthly rent across the country is about 600 euros. Renting prices vary hugely depending on the location. If you are moving to Madrid or want to live in Barcelona, get ready to pay a lot. No surprise here, – that’s where all the jobs are concentrated, and the infrastructure is superb.
People are also interested
How much is rent in Spain?
The average rental price per square metre in Spain is €11.70/sqm. This means that a 100-square-metre apartment (the average size in Spain is 97 sqm) will cost new tenants €1,170 a month in rent on average. A tiny 50 sqm apartment costs on average €585 to rent every month.
Can I rent in Spain without a job?
Do I need to be employed to rent a property in Spain? Legally you do not have to have a job before you rent a house in Spain. However, your landlord will want to see evidence that you will be able to pay the rent and bills.
Subsequently, What is the minimum rent in Spain?
The minimum rent for a house or apartment in Spain depends on your location. Rent prices in metropolitan areas are much higher than in small towns. All in all, the average minimum rent for a 45m2 apartment is about 650 EUR (705 USD).
Can I rent a house in Spain? Renting in Spain
Spain is a very affordable place to live compared to many neighboring countries in western Europe. That said, you might find that rental costs can take a big bite out of your monthly salary. Since most homes in Spain are owner-occupied, renting in Spain can be competitive and expensive.
Similarly, How much to rent an apartment in Spain? Response to this: The average monthly rent across the country is about 600 euros. Renting prices vary hugely depending on the location. Madrid and Barcelona are the most expensive, no surprise here, – that’s where all the jobs concentrated, and infrastructure is superb.
How can I sell a property in Spain?
In reply to that: Sell your property in Spain via the Eye on Spain website and reduce your price by missing out the agent. Sell Your Property In Spain Direct. Recently Added Properties. 0 bed 0 bath Commercial. € 29,500 2 bed 1 bath Townhouse. € 75,000 0 bed 1 bath Apartment. € 61,000
Besides, What is the tax on rental income in Spain? The tax on rental income in Spain for residents of EU/EEA countries is 19%. Additionally, they can deduct expenses inherent to renting. These include expenses for maintaining and repairing of the rental property, household insurance premiums, third party service providers, community fees, etc.
Also asked, How much to rent an apartment in Spain?
The reply will be: The average monthly rent across the country is about 600 euros. Renting prices vary hugely depending on the location. Madrid and Barcelona are the most expensive, no surprise here, – that’s where all the jobs concentrated, and infrastructure is superb.
Subsequently, How can I sell a property in Spain? Response will be: Sell your property in Spain via the Eye on Spain website and reduce your price by missing out the agent. Sell Your Property In Spain Direct. Recently Added Properties. 0 bed 0 bath Commercial. € 29,500 2 bed 1 bath Townhouse. € 75,000 0 bed 1 bath Apartment. € 61,000
Beside this, What is the tax on rental income in Spain? The tax on rental income in Spain for residents of EU/EEA countries is 19%. Additionally, they can deduct expenses inherent to renting. These include expenses for maintaining and repairing of the rental property, household insurance premiums, third party service providers, community fees, etc.