The Spanish rental market has undergone professionalisation in recent years, despite it being a highly fragmented market. Less than 5% of the rental stock is in the hands of large funds and institutional investors, with a large contingent of small landlords who rent out one or more flats to supplement their income.
In Spain, just 24% of the housing stock is rented or leased, compared to an average of 30.2% in the European Union, according to Eurostat’s 2019 Income and Living Conditions statistics.
The data obtained from the real estate big data platform Brainsre show a scenario in which both servicers and agencies appear, leading the supply of rental product on the main online marketing platforms in our country.
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