The ritual is repeated every time an owner activates a rental ad for his home on a portal: in a matter of minutes, the phone begins to ring from potential tenants who are interested in seeing the house. With the shortage of stock What is on the market, renting it to the highest bidder can be a matter of hours, not in vain, 13% of the homes that were rented during the month of June had not even been on the market for 24 hours.
One in ten, according to the study prepared by the idealista portal based on its own activity data. Even so, this percentage is lower than that registered in October 2022, when it reached 15%.
According to Francisco Inaretaspokesperson for idealista, “these data show the enormous tension in the rental market in Spain, where the lack of available supply continues to be noted. Despite this, the price increases experienced by the large markets have caused the times to find a tenant have lengthened slightly, while in other markets with more affordable prices the tensions to find housing for rent begin to notice the effects of express rentals”.
The cities of Lugo and Girona They are the ones with the highest percentage of express rentals, since 21% of the homes that were rented in June in both cities did not even last 24 hours on the portal. They are followed by the cities of Huelva and Vitoria, with 18% in both cases, Tarragona (17%), San Sebastián, Zaragoza, Logroño and Castellón de la Plana (16% in the 4 cities).
Above the national average are Pamplona (15%), Malaga (14%), Barcelona (14%), Albacete (14%), Guadalajara (14%) and Alicante (14%), while the cities of Murcia , Huesca, Palma, A Coruña, Granada, Santander and Santa Cruz de Tenerife remain within the national average.