Landlords

Four out of ten homeowners consider the current supply of rental housing to be sufficient.

The typical property owner is 54 years old, has a college degree, earns an average gross annual income of 42,000 euros, and the vast majority own a single-unit property that they rent to a third party.

Landlords of rental properties have a variety of concerns, but most people face two common problems: The 79% said it has no legal protection against any problems with tenants, while the 84% said people are very concerned about the country. It will remain in effect after the contract expires. This is explained in the report «A Closer Look at Spanish Landlords: How Do Government Interventions Affect the Rental Market?» prepared by Fotocasa and the rental brokerage agency. The goal is to analyze the situation and raise awareness among landlords. Rentals in the Spanish rental market and current regulations.

«The fact that these concerns are so widespread reflects a lack of confidence in the market on the part of private landlords. These concerns harm and affect the entire industry because they are more likely to result in a decline in the supply of rental housing.» María, director of research and spokesperson for Fotocasa Matos, said that the government urgently needs to implement measures to support this group in order to ensure stability and security when renting out their properties.

As a result, the 77% group of homeowners said that the best approach is to provide better housing with the support of public institutions.

Quotes and Rental Rates

Regarding rental listings, four out of ten homeowners believe that current rental supply is sufficient. In contrast, 43% of people think the current supply is sufficient, 23% think the current supply is higher than needed or somewhat excessive, and the remaining 34% think the current supply is insufficient or very insufficient.

Specifically, landlords in Andalusia consider rent prices to be only slightly insufficient, while rent prices in Valencia and Catalonia are clearly insufficient in their respective locations. In fact, 38% of Catalan landlords believe that the listed rent is insufficient, while 14% of Valencian landlords believe that the listed rent is insufficient.

Owner Profile

The sociodemographic characteristics of homeowners who rent out one or more properties are an average age of 54, a college education, and an average annual gross income of approximately 42,000 euros. In addition, men accounted for 54% and women for 46%.

97% of homeowners who rent out their homes live in those homes, while only 3% of homeowners live in their own homes. Furthermore, most people own only one home that can be rented to a third party. As for how they rent out their homes, traditional residential rentals differ significantly from vacation rentals: 84% of rentals are for residential use, and the remaining 18% are for seasonal rentals.

Most landlords manage their rentals directly with tenants, while 33% of landlords tend to manage their rentals through intermediaries or companies that handle the rentals and guarantee payment.