Spain's rental market is becoming increasingly competitive, with a growing number of properties being snapped up within just 24 hours of listing.
© Maksims Grigorjevs | Dreamstime
According to Idealista, 15% of homes rented in the fourth quarter of 2025 were taken off the market in less than a day, highlighting the surge in demand amid limited supply. In some cities, the trend is far more pronounced. Barcelona and Girona lead the way, with around 36% of properties rented within 24 hours, followed by Vitoria (30%) and several other cities exceeding 20%.
The pressure comes as rental prices continue to rise, increasing 7.8% year-on-year in February to an average of €15 per square metre. This means a typical 80 sqm apartment now costs around €1,200 per month.
High demand is also driving stricter tenant selection, with landlords reportedly receiving over 100 applications per property. However, the "express rental" phenomenon is not universal, remaining minimal in cities such as Ceuta, Cuenca and Pontevedra.
Source: www.elespanol.com
