Investors in rental housing in Spain on the rise

Renting continues to gain followers. In spite of the regulations of the Housing Law, during this 2023, an increasing number of investors are inclined towards properties destined for rental in Spain.

But… Which are the most prominent regions, which profiles are most present? All the answers, below.

Investors continue to opt for rental properties in Spain

According to the most recent report prepared by Inviertis – a platform specialized in real estate investment in Spain – the profitability of rental properties has reached 6%, one percentage point more than in 2022.

So far this year, there has been a 5% increase in the number of investors entering the Spanish market in search of properties for lease.

So far this year, there has been a 5% increase in the number of investors entering the Spanish market in search of properties for lease.

Investor profiles with greater representation

During the summer season, there has been significant investment activity in our country, ranging from large groups to family offices and individuals.

As for foreign participation:

• There has been an increase of 12%.
• Latin American investors have a greater presence in prime areas.
• In other regions, the British lead, followed by the French and Germans.

Some of the cities generating the most interest?

1. Madrid.
2. Zaragoza.
3. Málaga.

Forecasts for the Spanish rental market

In terms of rental costs, Inviertis does not expect the average rate to normalize by the last quarter of 2023. It is likely that more time will be required for this to happen, as the Housing Law does not seem to be contributing to this objective.

That said, despite the general pessimistic perception in the Eurozone, Spain will continue to be an international benchmark and one of the most attractive destinations for investment due to its competitive prices and high rental demand.

In short, encouraging news for the real estate market and for those who wish to focus on real estate investments to obtain interesting profits.

Property Management at KM2 Real Estate Services

Managing real estate assets can be much more complex than you might think.

Relying on professionals guarantees not only a favorable financial return, but also the assurance that the properties are being managed in an optimal way.

At KM2 Real Estate Services we have been managing real estate assets since 1979. We take care of:

• Handing over the keys.
• Management and liquidation of taxes, rates and insurance updates.
• Settlement of deposits.
• Property set-up.
• Commercial and financial management of rental contracts.
• Payment and receipt of information on community fees and payments.
• Management of maintenance and repairs with specialized software.
• Settlement of collections, payments and management of supplies.
• Legal advice and solution of problems of non-payment and evictions.
• Review of cadastral valuations and their impact on taxes.
• Management of reforms: processing of licenses, contracting, advantageous conditions, etc.
• Study of possession situation.
• Telematic management of documents and procedures before the administration.

Do not hesitate to contact one of our agents for more information or visit us at any of our real estate agencies in Barcelona and Madrid.