The five neighborhoods with the most tourist homes in Spain

The noise of the suitcases, the conversations in other languages, and the cameras everywhere. The easing of restrictions due to Covid-19 has brought tourism back to the streets of Spain’s main cities. According to the entrance surveys of foreign tourists (Frontur), Seven million international tourists entered Spain in MayFive times more than in the same month of 2021 and close to pre-pandemic levels (8.1 billion in 2019). cumulatively, visitors spent a total of 26,000 million euros.

But not all of them stayed in hotels. According to the latest data collected by INE, In September, 12.8 million overnight stays were recorded in tourist homes, compared to 10.5 million. Same month of 2021. in the accumulation of the yearuse of such accommodation increases by 61.4% Compared to the same period last year. Although touristic houses are spread over all cities, it is a fact that tourists accumulate in the areas they prefer.

Seville’s old town, Santa Cruz, pioneers the existence of such accommodation in its streets. Specifically, In 2019, 61.2% of the housing stock corresponded to touristic houses.According to the latest report of the Association for Tourism Excellence (Exceltur), which brings together industry giants such as Meliá, Iberostar and Iberia. Behind and following from a great distance Sol neighborhood in Madrid. 28.3 percent of the housing stock in the most central point of the Spanish capital is allocated to tourism.

Two other Sevillian neighborhoods rank third and fourth: 20.3% and 18.7% were accommodation for tourist use in the area. Alfalfa and El Arenal neighborhoods, respectively. Finally, Valencia enters the ranking with the neighborhood of El Mercat. In his case, 18.3% of the total real estate supply was tourist homes.

Concentration of tourist homes

These data reflect the growing presence of tourist homes in Spanish cities, which has led to problems in accessing housing in major cities. For this reason and after the decrease in demand during the pandemic processA total of 73,894 accommodation places for tourist use were saved in 2022, 34.5% Compared to the same period last year.

Due to housing shortage, Between 2010 and 2019, housing became 9.1% more expensive in central neighborhoods and 0.5% more in the remaining cities, according to the Exceltur report. The tourist pressure derived from these data coincides with the displacement of a portion of the population (2.7%) living in touristic areas.

And this is itTourist rentals offer higher returns to their owners than residential rentals. From the average of 20 major cities in Spain, the final income of the owner of an 80 square meter flat for four people is 10,138 Euros after taxes compared to 19,737 Euros earned by the owner of a tourist. accomodation.

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