What is usually the age of temporary rental tenants? Although we can think that, for the most part, temporary rentals are aimed at tourists, some studies state that more than 40% of these rentals are made by students.
What the statistics say
It is estimated that 81% of these tenants, who usually rent for periods of between 1 to 12 months, are under 35 years of age. Another curious fact is that only 9% of the tenants who opt for this type of contract are over 45 years of age.
According to an analysis by the company Spotahome, dedicated to renting homes for medium and long term, around 57% of these tenants share a flat. Of all these people, 56% are between 18 and 24 years old, while of those who decide to rent the entire property, 40% are between 25 and 34 years old.
La duration of temporary rental The average is usually between 75 to 150 days, which represents around 35% of such contracts. Although it is also considered temporary rental contract when said contract has a duration of less than 13 months. However, 30% have a duration of less than 75 days.
Why a temporary rental?
The new housing law and high rental prices make access to housing difficult, especially for young students. That is why temporary rentals are booming in cities like Madrid.
From youhomey we help manage these transactions effectively and transparently, regardless of the age of temporary rental tenants. Visit our website or contact us today if you are looking for a temporary rental in the city of Madrid.
