Increase in rental prices in Murcia

ENAE Business School's agreement with SVK Home is alleviating the problem of international students looking for accommodation in Murcia.

There are only 5 accommodation places available!

Renting flats in Murcia: a problem

The rental market in Murcia has experienced a significant increase in prices over the last year, placing the Region as the seventh city in Spain with the highest increase during 2024. Rental prices have risen by 10.6% compared to the previous year, when the variation was just 1.2%.
 

This increase has pushed the price per square metre above €9, compared to €8.33 in August 2023. This phenomenon reflects a trend of increasing difficulty, especially for students looking for housing in the city.
 

The problem of high prices is compounded by high demand. An example of this is that during the second quarter of 2024, each rental advert in Murcia received 39% more contacts than in the same period in 2023, reaching an average of 22 contacts per advert until it disappears from the market.
 

The high demand for renting has also impacted the new trend on room rentals, where it was reported that, on average, each person interested in renting a room was competing with 12 other people.

Spain's rental problem

As in the Region of Murcia, the rental market at a national level shows a similar trend, especially affecting young people looking to become independent. The main problem is the disproportionate increase in rental prices compared to salaries, with young people being the most affected.
In the second quarter of 2024, rental ads received an average of 32 contacts, an increase of 55% compared to the same period in 2023. This increase in demand has caused a rise of more than 9% in prices across the country, driven by the decrease in available supply.
Faced with this situation, many are looking for alternatives to avoid the high prices of the real estate market. ENAE Business School, aware of the difficulties faced by its international students, has implemented measures to alleviate this burden and facilitate access to affordable housing.

Housing Available for Students in Murcia

Through an agreement with SVK La Flota Residence Hall, ENAE Business School guarantees an effective solution for its students to access affordable and secure housing in Murcia. This collaboration has become the ideal option to reduce the stress of looking for accommodation from abroad.
Thanks to this agreement, more than 30 students have already secured accommodation, and there are currently only 5 properties available.

The rising cost of rent in Murcia is a growing challenge, but ENAE is taking active steps to overcome these difficulties by providing safe and affordable options for its international students.