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#93591 - 09/26/14 05:42 AM
Re: Rental Apartments in Spain
[Re: Puna]
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Executive Member
Registered: 02/26/06
Posts: 2336
Loc: Morbihan, France
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recently Magma which is a tourist consulting firm in Spain did a study of this market which I translate for all and benefit of those less fluent;even if a bit old.
There are about 120.000 apartments doing this (2011) with 436.000 persons employ and an economic impact of near 2 billion euros. The most number of apartments are in Canarias (52.979), Comunidad Valenciana (16.169), Baleares (15.013), Andalucía (13.004) and Cataluña (10.735).
The median stay is of 7,2 nights against the 3,36 iin hotels, having an occupancy ratio of 57% nationwide. The highest avg stays are in Canarias,68,4%, (67,2%). The median expenditure of the guests per person is at 1.339 euros at these apartments.
Food for thoughts
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