西班牙住宅房地產(chǎn)行業(yè)市場前景及投資研究報告-培訓(xùn)課件外文版2024.4萬達萬科恒大碧桂園

INDUSTRIES

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MARKETSResidentialrealestateinSpainCHAPTER

01OverviewNumberofresidentialrealestatetransactionsinSpainfrom1stquarter2014tothe3rdquarter2023NumberofresidentialrealestatetransactionsinSpain2014-2023,perquarter210,000190,000170,000150,000130,000110,00090,00070,00050,000Q1

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'234Description:Approximately142,014residentialrealestatetransactionswereregisteredinSpainduringthethirdquarterof2023.Despiteexperiencingnotablefluctuations,thevolumeofresidentialrealestatetransactionsinSpainshowedanupwardtrendduringtheperiodunderobservation.ReadmoreNote(s):Spain;Q12014toQ32023Source(s):ANCERTCitieswiththehighestnumberoffreehousingtransactionsinSpainfrom4thquarter2022to3rdquarter2023CitieswiththehighestnumberoffreehousingtransactionsinSpain2023NumberoftransactionsQ4202210,000Q1202315,000Q2202320,000Q32023*25,00005,00030,00035,00040,00045,000MadridBarcelonaValenciaSevillaZaragozaTorreviejaMálagaAlicante/AlacantMurciaOrihuelaPalmadeMallorcaCórdoba5Description:In2023,MadridledtherankingofmunicipalitieswiththehighestnumberoffreehousingtransactionsinSpainwithalmost40,000freepropertypurchases.Barcelonarankedsecondonthelist,withatotalamountthatstoodatapproximately16,000housingtransactions.Freehousingtransactionsreferstopurchasesofrealestateraisedtopublicdeedbeforeanotaryandnotsubjecttoanypublicprotectionregime.

ReadmoreNote(s):Spain;Q32022toQ42023Source(s):ANCERTMostprofitablecitiesforresidentialrealestateinvestmentinSpainasofJune2022,byreturnininvestmentMostprofitablecitiesforresidentialrealestateinvestmentSpain2022Rate

ofreturn10.1%9.7%Gandía(Valencia)LaMangadelMarMenor(Murcia)Laredo(Cantabria)9%Torrevieja(Alicante)8.8%Torrent(Valencia)8.5%Langero(Asturias)8.5%Tortosa(Tarragona)8.4%TheLineoftheConcepcion(Cadiz)MolinadeSegura(Murcia)8.2%8%6Description:Thereturnrateofinvestmentinrentalhousingstoodat10.1percentpointsinGandía,intheprovinceofValenciain2022.Itrankedasthecitywhereitwasthemostprofitabletorentoutahousebasedonthevalueofapropertyonsaleandtheannualincomederivedfromhouserents.Valencia,Murcia,andAlicanteweresomeoftheprovinceswiththehighestreturnoninvestment.ReadmoreNote(s):Spain;2022Source(s):fotocasa.esQuarterlyhousepricetoincomeratioinSpainfrom1stquarter2012to2ndquarter2023HousepricetoincomeratioinSpain2012-2023,perquarter125120115110105100957Description:ThehousepricetoincomeratioindexinSpainincreasedbyabout19indexpointsbetween2015andthesecondquarterof2023.Theratiomeasuresthedevelopmentofhousingaffordabilityandiscalculatedbydividingnominalhousepricebynominaldisposableincomeperhead,with2015setasabaseyearwhentheindexamountedto100.Spain'sindexscoreinthesecondquarterof2023amountedto119.4,whichmeansthathousepricegrowthhasoutpacedincomegrowthby[...]

ReadmoreNote(s):Spain;Q12012toQ32022Source(s):Eurostat;OECDHousingaffordabilityindexinSpainin4thquarter2022,byregionHousingaffordabilityindexSpain2022,byregionHousingaffordabilityindex02468101214161820BalearicIslandsCommunityofMadridCatalonia18.29.79BasqueCountryCanaryIslandsAndalusia7.97.57.47.26.9GaliciaCantabriaNavarra6.46.3RegionofValenciaCastileandLeonExtremaduraAragon5.95.85.78Description:RealestateintheBalearicIslandsrankedastheleastaffordablebySpaniards,withapotentialnumberof18.2yearsthattheaveragepersonwouldneedtoacquireapropertyonafullsalary.MadridandCataloniafollowedfarbehindasthesecondandthirdleastaffordableSpanishregion,withatotalof9.7andnineindexpoints,respectively.ReadmoreNote(s):Spain;Q42022Source(s):SociedaddeTasaciónPercentagedistributionoftheacquisitionofhomesbyforeignersinSpainin4thquarter2023,accordingtothebuyer'snationalityHousesboughtbyforeignersinSpain2023,bynationalityofbuyerPercentageoftotalforeignbuyers0%1%2%3%4%5%6%7%8%9%10%11%UnitedKingdomGermanyFrance9.8%7.32%6.06%BelgiumMoroccoNetherlandsItaly5.57%5.5%5.3%5.19%RomaniaPoland4.79%3.35%3.07%ChinaRussiaSwedenUkraine2.78%2.74%2.72%9Description:Inthefourthquarterof2023,theBritishledthepurchaseofhousingbyforeignersinSpain,withashareofapproximately10percentofthetotalsales.GermanandFrenchwerethesecondandthirdmostpopularnationalitiesamongforeignbuyers.Accordingtothesource,foreignpurchaseswere15percentofallsales.ReadmoreNote(s):Spain;Q42023;registeredsalesSource(s):ColegiodeRegistradoresdelaPropiedadHomeownershiprateinSpainfrom2008to2022HomeownershiprateinSpain2008-202290%80%70%60%50%40%30%20%10%0%20082009*201020112012201320142015201620172018201920202021202210Description:ThisstatisticillustratesthehomeownershiprateamongthetotalpopulationofSpainbetween2008and2022.Duringthattimeframe,thehomeownershiprateoscillatedbetweenapproximately77to80percentofthetotalpopulation.ReadmoreNote(s):Spain;2008to2022;*Breakintimeseries.Thesourceaddsthefollowinginformation:"Thecollection"Livingconditions"hostsindicatorsrelatingtocharacteristicsandlivingconditionsofhouseholds,characteristicsofthepopulation[...]ReadmoreSource(s):EurostatNumberofbuildingpermitsfornewresidentialbuildingsissuedbyprofessionalboardcertificationinSpainin2022,bytypeofhouseNumberofconstructionpermitsfornewhousinginSpain2022,bytype25,00019,37220,00015,00010,0005,00006,3435,05649DetachedsinglefamilyhouseSemi-detachedsinglefamilyhouseApartmentbuildingMultifamilyresidential11Description:MostofthebuildingpermitsforresidentialbuildingsinSpainin2022werefortheconstructionofdetachedfamilyhouses.Thenumberofcertifications,orvisadosdedireccióndeobrainSpanish,forthattypeofbuildingamountedtoover19,000.Thisdoesnotrefertotheabsolutenumberofbuildingsconstructedduringthatperiod,insteaditreflectsthenumberofconstructionsapprovedthatrequiredacertificatefromaprofessionalboard.Thenumberofpermitsforresidentialbuildings[...]

ReadmoreNote(s):Spain;2022Source(s):MinisteriodeFomento(Espa?a)CHAPTER

02HousepricesindexHousingpriceindex(HPI)inSpainfrom2007to2022HousepriceindexinSpain2007-202216015014013012011010090200720082009201020112012201320142015201620172018201920202021202213Description:HousepricesinSpainhaverisenyear-on-yearsince2013.Thehousepriceindexmeasuresthedevelopmentofhouseprices,with2015chosenasabaseyearwhentheindexvaluewassetto100.In2022,theindexstoodat141.68indexpoints,meaningthatsince2015,priceshaverisenbyalmost42percent.Overall,newlybuilthomessawappreciatedfasterthanexistinghomes.Catalonia,theBalearicIslandsandMadridweretheSpanishregionswherepricesofbothnewandexisting[...]

ReadmoreNote(s):Spain;2007to2022;2015=100Source(s):ANCERTHousepriceindex(HPI)fornewandexistinghomesinSpainin2022,byregionHousepriceindexfornewandexistinghomesinSpain2022,byregionHousingpriceindexExistinghousing

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10002040120140160180BalearicIslandsCataloniaMadridAndalusiaNationalMurciaBasqueCountryRiojaCanaryIslandsValenciaGaliciaEstremadura14Description:TheBalearicIslands,Catalonia,andMadridweretheSpanishregionswherethepricesofbothnewandexistinghousinghaverisenthemostinrecentyears.Thehousepriceindexmeasuresthedevelopmentofhouseprices,with2015chosenasabaseyearwithanindexvalueof100.In2022,thehousepriceindexintheBalearicIslandsstoodat167.9indexpointsfornewhomesand156.5indexpointsforexistinghousing.Thatisaresultofa10-yearperiodofrisinghousingpricesinthe[...]

ReadmoreNote(s):Spain;2022;2015=100Source(s):ANCERTAnnualchangeofthehousepriceindexfornewandexistinghomesinSpainfrom2007to2022HousepriceindexchangefornewandexistinghousinginSpain2007-2022AverageNewhousingExistinghousing15%10%5%0%-5%-10%-15%-20%200720082009201020112012201320142015201620172018201920202021202215Description:HousepricesinSpainhaverisenyear-on-yearsince2014.Thehousepriceindexmeasuresthedevelopmentofhouseprices,with2015chosenasabaseyearwhentheindexvaluewas100.Between2021and2022,thehousepriceindexinSpainroseby7.9percentfornewhousingand7.3percentforexistinghousing.Overall,newlybuilthousinghasappreciatedmorethanexistinghomes.ReadmoreNote(s):Spain;2007to2022;2015=100Source(s):INE(Spain)Annualchangeofthehousepriceindex(HPI)inSpainin2022,byregionHousepriceindexyear-on-yearchangeinSpain2022,byregionExisting9.8%9.1%9.1%8.8%-Newly

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homes9.7%9.2%9.1%8.9%8.6%8.4%7.6%7.4%7.3%7.2%7.1%7.1%6.8%CantabriaBalearicIslandsCanaryIslandsAndalusiaCeutaMelilla--Murcia7.6%7.3%7.4%7%7.8%7.9%6.9%8.1%7.6%7.1%7.4%NationalNavarraRegionofValenciaCatalonia7%LaRioja7.2%6.6%CommunityofMadrid16Description:Cantabria,theBalearicIslands,andtheCanaryIslandsweretheSpanishregionswherehousepricesgrewthemostbetweenin2022.Thehousepriceindexmeasuresthedevelopmentofhouseprices,with2015chosenasabaseyearwhentheindexvaluewassetto100.In2022,thehousepriceindexfortheBalearicIslandsroseby9.2indexpoints,comparedto6.4indexpointsintheBasqueCountry.Catalonia,theBalearicIslandsandMadridweretheSpanishregionswherepricesofboth[...]

ReadmoreNote(s):Spain;2022;2015=100Source(s):INE(Spain)PercentagechangeonpreviousyearofhousepricesinSpainandPortugalin2023,withaforecastby2025HousepricechangeforecastinSpainandPortugal2023,withaforecastby2025SpainPortugal6%5%4%3%2%1%0%-1%-2%-3%5.5%1.2%1%-2%-2%-2%20232024*2025*17Description:HousepricesinSpainareforecasttofallin2024,afterincreasingby1.2percentin2023.Nevertheless,pricesareexpectedtopickupin2025,withanincreaseofonepercent.ThePortuguesehousingmarket,ontheotherhand,grewby5.5percentin2023,butwasforecasttocontractinthenexttwoyears.ReadmoreNote(s):Portugal,Spain;December2022;*forecastfiguresReadmoreSource(s):BankinterCHAPTER

03HousepricesAveragehousepricepersquaremeterinSpainfrom2006toOctober2023(ineuros)AveragehousepricepersquaremeterinSpain2006-20232,1502,0501,9501,8501,7501,6501,5501,45020062007200820092010201120122013201420152016201720182019202020212022

October202319Description:HousepricesinSpainhavegrownyear-on-yearsince2016and2023,increasingbyalmost500eurospersquaremeter.InOctober2023,theaveragehousepricepersquaremeterreached2,016euros-almostashighasin2007beforetheglobalfinancialcrisishitandthemarketplummeted.ReadmoreNote(s):Spain;2006toOctober2023;asofDecemberofeachyearSource(s):IdealistaAveragehousepricepersquaremeterinSpaininOctober2023,byregion(ineuros)AveragehousepricepersquaremeterinSpain2023,byregionHousepricepersquaremeterineuros05001,0001,5002,0002,5003,0003,5004,0004,500BalearicIslandsCommunityofMadridBasqueCountryCanaryIslandsCatalonia4,0633,1522,8392,3802,329CeutaAndalusia2,1712,0632,0161,947SpainMelillaRegionofValenciaNavarre1,7631,6761,576CantabriaAragon1,39520Description:TheaveragesquaremeterpriceofresidentialrealestateintheBalearicIslandswashigherthaninanyotherregioninSpaininOctober2023.Atover4,000eurospersquaremeter,housepricesintheBalearicIslandswereabouttwicehigherthanthenationalaverage.InSpain,themajorityofhouseholdsliveinanowner-occupiedhome.ReadmoreNote(s):Spain;October2023Source(s):IdealistaSpanishprovinceswiththemostexpensivehousepricespersquaremeterinDecember2023(ineurospersquaremeter)ProvincesofSpainwithexpensivehousepricespersquaremeter2023Housepricepersquaremeterineuros05001,0001,5002,0002,5003,0003,5004,0004,500BalearesGuipúzcoa4,0833,505MadridprovinciaMálagaprovinciaCádiz3,2083,0792,7862,7582,6382,555VizcayaBarcelonaprovinciaSantaCruzdeTenerifeprovinciaLasPalmas2,279álava2,2672,259GironaprovinciaCeutaprovinciaAlicante/AlacantEspa?a2,1872,0552,0421,934Melillaprovincia21Description:TheBalearicIslands,Guipúzcoa,andtheCommunityofMadridtoppedthelistofprovincesofSpainwiththemostexpensivehousepricesinDecember2023.IntheBalearicIslands,theaveragesquaremeterhouseforhousingwasover4,000euros.Incontrast,thecheapestprovincetobuyapropertyinSpainwastheprovinceofCiudadReal.ReadmoreNote(s):Spain;December2023Source(s):IdealistaHousingpricepersquaremeterinBarcelona,SpaininDecember2023,bydistrict(ineuros)AveragepricepersquaremeterofhousesinBarcelona2023,bydistrictPricepersquaremeterineuros2,000

3,00001,0004,0005,0006,0005,498Sarrià-SantGervasiEixample5,0974,999LesCorts4,599GràciaCiutatVellaBarcelona4,3164,1673,804SantMartí3,513Sants-Montju?cHortaGuinardóSantAndreuNouBarris3,2023,1602,37222/statistics/765380/average-price-per-square-meter-of-houses-in-barcelona-by-districtTheaveragepricepersquaremeterofhousesinthedistrictofSarrià-SantGervasi,Barcelona,amountedtoapproximately5,498eurosinDecember2023.DuringthesametimeperiodthevalueofthesquaremeterinL'Eixamplealsoexceeded5,000euros.ReadmoreNote(s):Spain;December2023Source(s):IdealistaAveragehousepricepersquaremeterinMadridinDecember2023,bydistrict(in1,000euros)AveragepricepersquaremeterofhousesinMadrid2023,bydistrictPricepersquaremeterineuros3,000

4,00001,0002,0005,0006,0007,0008,000SalamancaChamberíCentro7,0446,1245,8775,863ChamartínRetiro5,174MoncloaArganzuelaTetuán4,5874,5244,1754,118MadridHortalezaFuencarralCiudadLinealBarajas4,0673,8453,4593,40623Description:Someofthe21districtsofSpain`scapitalcityarewellfaroffthe2,800eurospersquaremeterthatSpaniardshadtopayonaveragetopurchaseahomein2023.TheSpanishcapitalishometosomeofthewealthiestdistrictsofSpain,suchasthehistoricSalamancadistrict,whichtoppedthelistatalmost7,000eurospersquaremeter.?RentsinSpainWhilstMadrid`sdistrictshadthehighestpricesforresidentialrealestate,theSpanishcapitalwasnotthemostexpensiveplacetorent.Ibiza[...]

ReadmoreNote(s):Spain;December2023Source(s):IdealistaHousingpricepersquaremeterinValenciainDecember2023,bydistrict(in1,000euros)AveragepricepersquaremeterofhousesinValencia2023,bydistrictPricepersquaremeterineuros1,500

2,00005001,0002,5003,0003,5004,000L'EixampleCiutatVellaElPladelRealCampanarExtramursValència3,5133,2552,9932,7362,6702,2872,273AlgirósPoblatsMarítimsQuatreCarreresPatraix2,1682,0771,8521,8111,781BenicalapJesúsL'OliveretaRascanya1,6501,55124Description:CiutatVellaandL`EixamplewerethemostexpensivedistrictsforhousinginValencia,SpaininDecember2023.Theaveragehousepricepersquaremeterinbothdistrictsexceeded3,000euros.Rascanya,ontheotherhand,hadthemostaffordablehouseprices,amountingto1,551euros.ReadmoreNote(s):Spain;December2023Source(s):IdealistaHousingpricepersquaremeterinSeville,Spain,inDecember2023,bydistrict(ineuros)AveragepricepersquaremeterofhousesinSeville,Spain2023,bydistrictPricepersquaremeterineuros05001,0001,5002,0002,5003,0003,5004,000Centro3,357PradodeSanSebastián-FelipeII-BuenoMonreal2,985TrianaLosRemedios2,9422,931Nervión2,858LaPalmera-LosBermejalesSantaJusta-Miraflores-CruzRojaSantaClara2,6692,3422,2362,211SevillaSevillaeste1,967Macarena1,658SanPabloPinoMontano1,4421,38225Description:ThecentraldistrictwasthemostexpensivedistrictforhousinginSeville,Spainin2023.Theaveragesquaremeterpricecostonaverage3,357eurosinDecemberthatyear,whichabout1,000eurospersquareabovetheaveragepriceinSeville.AttheotherendofthespectrumwasTorreblanca,wherehousingwasthemostexpensiveat679eurospersquaremeter.

ReadmoreNote(s):Spain;December2023Source(s):IdealistaAveragehousepriceintheCanaryIslandsinSpaininDecember2023(ineurospersquaremeter)HousepricesinCanaryIslands,Spain20233,0002,5552,4322,5002,2792,0001,5001,0005000SantaCruzdeTenerifeCanaryIslandsLasPalmas26Description:SantaCruzdeTenerifehadthehighestaveragehomepriceintheSpanishCanaryIslandsregion,exceeding2,500eurospersquaremeterduringthatperiodinDecember2023.LasPalmas,ontheotherhand,hadasquaremeterpriceoflessthan2,300eurospersquaremeterduringthatperiod.ReadmoreNote(s):Spain;December2023Source(s):IdealistaAveragehousepriceonthecoastofAndalusia,SpaininDecember2023,bycity(ineurospersquaremeter)HousepricesonthecoastofAndalusia,Spain2023,bycity3,0002,7862,6682,5002,0001,5001,0005001,3801,2860CádizMálagaAlmeríaHuelva27Description:CádizhadthehighestaveragehousepriceamongthedifferentcoastalcitiesinAndalusia,reachingcloseto2,800eurospersquaremeterinDecember2023.Incontrast,Huevahadthemostaffordableprices,at1,300eurospersquaremeter.

ReadmoreNote(s):Spain;2020to2022;asofQ1ofeachyearSource(s):IdealistaAveragepricepersquaremeterofurbanlandinSpainfrom1stquarter2016to2ndquarter2023(ineurospersquaremeter)AveragepricepersquaremeterofurbanlandperquarterinSpain2016-2023200180160140120100806040200Q1

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202328Description:TheaveragepricepersquaremeterofurbanlandinSpaininthesecondquarterof2023increasedfromthepreviousquarter,butdeclinedfromthesamequarterin2022.At154.5eurospersquaremeter,theaveragepriceforurbanlandinthesecondquarterof2023wasabout17eurosbelowthemarketpeakof171.7eurosinthefourthquarterof2016.Conversely,thelowestpricewasobservedinthefirstquarterof2021,amountingto136.4eurospersquaremeter.

ReadmoreNote(s):Spain;Q12016toQ22023Source(s):ColegiodeRegistradoresdelaPropiedadProvinceswiththehighestaveragesquaremeterpricesofurbandevelopmentlandinSpainin3rdquarter2023(ineurospersquaremeter)ProvinceswiththehighestsquaremeterpricesindevelopmentlandSpain2023Priceineurospersquaremeter050100150200250300350400MálagaBalearicIslandsPontevedra360332.7301.8297.5289CommunityofMadridGuipúzcoaVizcayaPalmas(Las)259.2256.8SantaCruzdeTenerife246.4Cádiz212.2Barcelona199.2199.1192.7191.3182.1Alicante/AlacantBasqueCountryGironaValencia/ValènciaNationalaverage160.529Description:TheCommunityofMadrid,hometoSpain'scapitalcity,rankedfirstwithanaveragepriceof360eurospersquaremeter.TheBalearicIslandscamesecond,withanaveragepriceof332.7eurospersquaremeterinurbandevelopmentareasinthethirdquarterof2023.ReadmoreNote(s):Spain;Q32023Source(s):ColegiodeRegistradoresdelaPropiedadCHAPTER

04MortgagemarketAveragemortgageinterestrateinSpainfrom2003to2023,bymortgagetermAveragemortgageinterestrateinSpain2003-2023,bymortgagetermAverageweightedinterestrateUpto1yearBetween1and5yearsBetween5and10yearsOver10years9.5%8.5%7.5%6.5%5.5%4.5%3.5%2.5%1.5%0.5%2003

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202331Description:TheaveragemortgageinterestrateinSpainfollowedadownwardtrendforalmostadecadebeforeincreasingdramaticallyin2022.In2023,newhousingloanshadanaverageinterestrateof3.74percent-aboutthreetimestheinterestratein2020.Mortgageswithafiveto10-yeartermweretheonlyproductwhichsawratesdeclinebetween2022and2023.ReadmoreNote(s):Spain;2003to2023;asofDecemberofeachyear.Source(s):BankofSpainValueofmortgagesconstitutedinSpainfrom2003to2022,bypropertytype(inbillioneuros)ValueofmortgagesconstitutedinSpain2003-2022,bypropertytypeTotalagriculturallandDwellingsPlotsOthers3503002502001501005002003

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202232Description:ThevalueofmortgagesconstitutedinSpainhasfluctuatednotablysince2003andin2022,itamountedto96.35billioneuros.Mortgagessecuredondwellingsaccountedforthelargestshareofmortgagelending,whereasagriculturallandandurbanlandplotscomprisedthesmallestshares.Thenumberofmortgageloanshasincreasedyear-on-yearsince2013,exceptfor2020whenitdeclinedslightlyduetothecoronaviruspandemic.

ReadmoreNote(s):Spain;2003to2022Source(s):ColegiodeRegistradoresdelaPropiedadTotaloutstandingresidentialmortgagelendinginSpainfrom2ndquarter2016to1stquarter2023(inbillioneuro)OutstandingresidentialmortgagelendinginSpain2016-2023,perquarter520515510505500495490485480475Q3

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'2333Description:ThetotalamountofoutstandingresidentialmortgagelendinginSpaindecreasednotablysince2016.Fromatotalof516billioneuros,theoutstandingresidentialmortgagelendingreached481.5billioneurosin2023.InEurope,Spainisoneofthewell-developedmortgagemarkets,rankingalongsideSwedenandItalyintermsoflendingoutstanding.ReadmoreNote(s):Spain;Q32016toQ12023Source(s):EuropeanMortgageFederationNumberofmortgageloansinSpainfromJanuary2017toAugust2023,bypropertytypeNumberofmortgagespermonthinSpain2017-2023,bypropertytypeAgriculturallandUrbanlandDwellingsPlotsOthers120,000100,00080,00060,00040,00020,000034Description:DwellingsandurbanlandcomprisedthelargestshareofmortgageloansconstitutedinSpainsince2017.InAugust2023,approximately36,000mortgagesweresecuredonurbanlandand43,000weresecuredondwellings.Andalusiawasthemostactivemortgagemarketin2022,withmoremortgagesconstitutedthananyotherregion.ReadmoreNote(s):Spain;January2017toAugust2023Source(s):ColegiodeRegistradoresdelaPropiedadAnnualnumberofevictioncasesduetounpaidrentormortgagepaymentsinSpainfrom2013to2022NumberofreportedevictionsinSpain2013-2022,bymotiveDuetounpaidrentDuetounpaidmortgage45,00040,00035,00030,00025,00020,00015,00010,0005,0000201320142015201620172018201920202021202235Description:In2022,approximately36,000casesofhomeevictionduetounpaidrentorunpaidmortgageswerereportedbytheauthoritiesinSpain.Outofthecasesreportedthatyear,around8,500wererelatedtounpaidmortgagepaymentsand27,500wereduetounpaidrent.Inaddition,thenumberofreportedevictionspeakedin2014,withalmost65,000reportedcases,over36,000ofthemrelatedtounpaidrent.

ReadmoreNote(s):Spain;2013to2022Source(s):ConsejoGeneraldelPoderJudicialdeEspa?aCHAPTER

05RentalmarketAverageresidentialrealestaterentpersquaremeterinSpainfrom2006to2023(ineuros)AverageresidentialrealestaterentpersquaremeterinSpain2006-202312.511.510.512.1111110.710.3109.58.57.56.59.29.28.68.28.187.87.87.57.47.27.220062007200820092010201120122013201420152016201720182019202020212022202337Description:TheaveragepricepersquaremeterofresidentialrentalpropertyinSpainincreasedforthesecondyearinarowin2023,afterdippingslightlyin2021.In2023,theaveragerentforresidentialrealestateamountedto12.1eurospersquaremeter.Thisfigure,however,variedacrossthedifferentregionsofthecountry,withtheBalearicIslandsandCataloniarecordingthehighestrents.ReadmoreNote(s):Spain;2006to2023;asofDecembereachyearSource(s):IdealistaMostexpensivecitiestorentahouseinSpaininDecember2023(ineurospersquaremeter)LeadingcitieswiththehighestrentalhousepricesinSpain2023Eurospersquaremeter100Barcelona(Catalonia)515202520.5Madrid(CommunityfoMadrid)Donostia-SanSebastian(BasqueCountry)PalmadeMallorca(BalearicIslands)Bilbao(BasqueCountry)17.916.815.413.613.6Malaga(Andalucia)13.3València(CommunityofValencia)LasPalmasdeGranCanaria(CanaryIslands)Girona(Catalonia)11.711.711.7Sevilla(Andalucia)38Description:Barcelona,Madrid,andDonostia-SanSebastianweresomeofthemostexpensivecitiest