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Rental Prices Rose by 3.7% during Q1 2020

The average rental price increased by 3.7% during the first quarter of the year, according to the real estate portal pisos.com. Over the last twelve months, rents have increased by more than 10%, on average, in Spain.

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The rental market will also be affected by coronavirus.

The average rental price increased by 3.7% during the first quarter of the year, according to the real estate portal pisos.com. Over the last twelve months, rents have increased by more than 10%, on average, in Spain.

Rental prices increased by 2.85% in March compared to the month of February and by 3.70% compared to December 2019. This shows that prices have been continuing to rise throughout these months. Year-on-year, the increase amounted to 10.81%.

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