find someone House for rent It’s getting harder and harder, and even harder. Alicante. Since the end of the pandemic, rental demand has increased much faster than supply, which means current stock has decreased significantly And prices continue to rise.
Therefore, according to data from the Idealista portal, there are on average 25% fewer homes on the market now than a year ago. to cut if the state comes up to 32%.
However, the situation is even worse for those who are looking for a rental house in an apartment. city of Alicante became the capital of the province where the volume of vacant flats decreased the most. In particular, the current offer 52% smaller more than a year ago, a unique number.
them in Palma with a decrease of 47%; and Barcelona and Malaga with 46%. Valencia has 36% less rent, while Madrid, Badajoz and Girona have 33%. These are followed by Las Palmas de Gram Canaria (-32%), Ciudad Real (-30%), Tarragona and Guadalajara (-29%).
The reason why there is less and less supply, economic recovery, This has caused more workers to switch cities with job offers, the proliferation of teleworking, or a return to work interest. face-to-face courses at universitiesIt disappeared during the years of the pandemic, responding to the demand of students.
To all this should be added reluctance of many vacant flat owners to put them on the market due to fear of default and difficulties in evicting delinquent tenants.
The result of this decrease in stock is the significant increase in prices. In the case of the province of Alicante, average rent increased by 17.1% last year, standing at 8.5 euros. In other words, an average 80-meter apartment already costs 680 euros per month.
In this sense, Idealista recently carried out a study on the housing volume. affordable prices an increasingly scarce figure in the market. If a year ago up to 63% of apartments rented in the city of Alicante were offered for less than 750 euros per month, now these are only 26% of available houses.