15 Jul, 2024 @ 12:00
1 min read

Spanish bank launches budget rentals in Andalucia to relieve rental crisis: Prices start from €300 a month

A SPANISH bank has launched budget rental properties in Andalucia, with prices starting at just €300 a month to relieve the area’s rental crisis. 

In Ibiza people are sleeping in their cars while in Puerto Banus landlords are renting out sofas for €500 a month.

It’s no wonder that thousands of people have taken to the streets to protest the lack of affordable housing. 

READ MORE: Home sales continue to rise in Spain along with property prices and mortgage numbers

The rental market has come under intense scrutiny in Spain.
Photo by Maria Ziegler on Unsplash

Now, InmoCaixa is advertising affordable properties in an attempt to relieve the stress on the market. 

Part of CaixaBank, the estate agent is offering over 20,000 property listings including houses, flats, new builds, commercial properties, offices and parking. 

Their services also include accompanying tenants to viewings and assessing the property to ‘ensure maximum transparency and safety’ while looking for a home. 

READ MORE: Spain cracks down on short term property rentals – these are the proposed new rules

In Sevilla, you could nab a flat for as low as €307, with 102 properties advertised at this price. 

Built in 2010, the Avenida Concejal Alberto Jimenez Becerril apartments have between one and two bedrooms, a park, heating, double glazed windows and a fully equipped kitchen. 

Meanwhile in Malaga, InmoCaixa are offering 98 flats for €402 a month. 

The two bed, one bathroom properties are found on Calle Ramon Ramos Martin and Calle Catedratico Cristobal Cuevas. 

To learn more visit the InmoCaixa catalogue

READ MORE: Marbella is being flooded with huge real estate companies – but is this a bad sign for the market? Property expert ADAM NEALE gives his verdict

Yzabelle Bostyn

After spending much of her childhood in Andalucia and adulthood between Barcelona and Latin America, Yzabelle has settled in the Costa del Sol to put her NCTJ & Journalism Masters to good use. She is particularly interested in travel, vegan food and has been leading the Olive Press Nolotil campaign. Have a story? email yzabelle@theolivepress.es

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Alicante man kills his wife and then turns shotgun on himself during weekend of four domestic murders in Spain
Previous Story

Alicante man kills his wife and then turns shotgun on himself during weekend of four domestic murders in Spain

REVEALED: Why Spain's property sales in May plunged so unexpectedly high
Next Story

REVEALED: Why Spain’s property sales in May dropped so dramatically

Latest from Andalucia

Go toTop

More From The Olive Press