The strong interest in the rental of housing has plunged the main Spanish cities into a wave of price hikes. Last year it rose by an average of 15.9% in Spain. The main problem is that there is more demand than supply and that pushes up prices. However, if one compares Madrid's capital with the 30 most populous European cities, Madrid shows that it is the third largest city in the European Union.
The capital has 10,098 ads for rent, a figure only surpassed by London (10.683 floors) and Warsaw (10.240 floors). The offer of housing for rent in Madrid is even greater than that which can be found in Brussels, Berlin and Amsterdam together. Among these three European capitals total 10,078 homes.
Barcelona is in sixth place with 6,783 ads, surpassed by Paris (8,833 ads) and Sofia (8,658 ads). Below are Milan (6,736 apartments), Rome (6,244 buildings) and Vienna (5,297 flats available). Valencia is in the 16th place, with 2,954 announcements, similar to the one registered in Turin (2,855 households) and Bucharest (2,127 ads). Further down, in 22nd, is Seville with 1,651 homes, at levels similar to those registered in Amsterdam (1,802), Leeds (1,597), Munich (1,364) and Stockholm (1,354). By contrast, cities with a smaller rental park available are Zagreb (717 homes), Hamburg (843), Cologne (855) and Naples (1,070).
For Fernando Encinar, head of idealist studies, "the data obtained by the idealist analysis of the rental housing market in the 30 cities of the European Union that more population have evidence that despite the feeling of shortage of housing to rent That we have the Spanish, Barcelona and Madrid are the ones with the largest offer in Europe, above cities in which rent has more roots like Vienna, Amsterdam or Paris.