The changes after the covid have been noted in the rental market. The pandemic has not only affected the health of the population, but has also changed their tastes. The tenants are no longer the same as they were just a couple of years ago. What has changed? Find out below.
Changes in the profile of the Spanish tenant
The profile of the Spanish tenant in 2021 has been that of a man in his thirties, single, with an indefinite contract and an average floor of 1200 euros per month. This change occurred during the first half of 2020 and has been maintained since then. Despite this, the average number of tenants per contract amounts to two, although the number of those that include three or four has grown considerably.
A quarter of the tenants have an indefinite contract, work in the service sector and have been in service for one year. Tenants take only 31 days to find the apartment they are looking for, which shows good mobility. In addition, the search is carried out through the mobile phone. As for the length of stay in the property, this has been placed at two and a half years.
But what kind of housing are they looking for? Looking for more space and that has a terrace or balcony, something that is related to the confinement at the beginning of the pandemic. Tenants would try to avoid feeling cooped up in their own home. Likewise, small and central properties have lost popularity, one of the most significant changes in the way of living.
In short, now you know the changes after covid who has suffered spanish tenant profileThe pandemic has substantially changed the market, and the changes could last for years to come due to the fear of possible outbreaks. If you are looking for an apartment, contact us!
