While politicians and the real estate sector continue to confront the secondary effects of the Housing Law, Barcelona is experiencing a continuous decline in the stock of rental apartments and some unstoppable prices fueled by the seasonal offer and the rehabilitation boom. To the point that sub-four-figure rentals have practically become extinct. In the different real estate portals It is barely possible to find today about 200 apartments that cost less than a thousand euros throughout the city. What can you expect for that money? Where are they and what are they like?
The price filters for searching for a rental in Barcelona, applied on one website or another, leave only a couple of hundred options available with that limit, for which they compete. thousands of aspiring tenants, despite the fact that the cost is practically equivalent to the interprofessional minimum wage. The portal with the most offer, ‘Idealista’, has 210 apartments this week, which represent less than 5% of its offer. In ‘Habitaclia’ 196 appear, in many cases the same ones.
Most of that quota in the case of ‘Idealista’, 75they concentrate on Old City. But specifically, almost half of these are located in the Ravaldevalued by leaps and bounds by the insecurity problems that many of its streets suffer. In other neighborhoods in the area, this ‘economic’ strip is nourished by small apartments, which are usually tall without an elevator or are only available seasonally, given that in summer They are sold at a different price, given the tourist attraction in the area.
Distribution and characteristics
Nou Barris It is the other district with the most ads (26 at the beginning of this week) under a thousand euros. It is the cheapest area to live in Barcelona, as the reports of contracts signed in the city confirm annually, but even here almost all the active offer in real estate agencies is between 900 and 990 euros. You can get between 46 and 70 square meters, much less than a few months ago.
In Horta-Guinardó There are another 24 apartments, ranging from options with elevator and three bedrooms (with old kitchens) to more modern apartments but for living alone. An example, 770 euros for 30 square meters without natural light. In general, the repertoire is above 900.
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Sants-Montjuïc It also has a handful of possibilities, although small studios and homes of less than 50 meters predominate. For a 21 square meter penthouse plus terrace, 1,000 euros are asked, and almost everything under that price range is without an elevator. A similar repertoire reproduces Sant Andreuwhere for this sum there are several apartments without recent renovation, and those that have been renovated are smaller in size or do not even have a certificate of occupancy.
The smallest share of the mileurista market is contributed by Eixample, Les Corts and Sarrià-Sant Gervasi. In the latter, to avoid reaching three zeros you have to settle for between 27 and 44 meters, and in several cases these are premises converted into flats, without ID. Usual measurements for that price in Eixample, since some potential homes that seem larger hide small print, like this penthouse (without a single balcony) in Provença: “Conditions: rent €920/month + €140/month wifi expenses, electricity and water, + 1,840 euros deposit + agency: €920 + VAT”. Overlooking the fact that the new law establishes that it is the owner who pays the hiring costs.