The advantages of renting a flat

Renting a flat is today more than ever the smartest option. There is a lot of housing on the market that is not being sold; it has become rented; and as a result, prices have dropped. And the fact is that renting a house has many advantages, such as the ones you remember in

Profitability guide by Barcelona apartments professional firm :

The figures show that, when comparing buying or renting, for short and medium term stays (from 0 to 10 years) renting is the most profitable. After longer periods, the balance tilts in favour of purchase in those cases in which 80% of the investment is financed with a mortgage.

Availability of money

From a home economics point of view, living in rent represents an opportunity to precisely control how much money needs to be allocated to housing. to begin with, the variation in rent rent is more predictable and more regular than that of a mortgage. In addition, the costs of maintenance and repairs, as well as local taxes, community fees and homeowner’s insurance are usually borne by the landlord, so this is another amount that the tenant will avoid.


Another advantage of living in rented accommodation is that the tenant will be able to leave the property more easily than someone who has bought it, if it does not meet their expectations (hidden defects, annoying neighbours…) In addition, the owner of the property is always responsible for the damage to the property as well as for the proceedings before the owners’ association.

Being mobile

When it is necessary to move for work reasons, renting is an agile and flexible option.

It is true that, in some cases, the termination of a rental contract can be complicated if a full annuity has not been fulfilled, but it will always be simpler than having to sell the property in the face of the need for an urgent move.

The pitfalls of renting a house

But, like everything else in life, renting a flat also has disadvantages, as Idealist reviews:

The flat will never become ours even though we pay every month, and no matter how many years we are living in that house.

We are obliged to maintain a permanent relationship with the owner of the property, our landlord.

The rent increases every year, depending on the CPI. However, this may change; the reform of the Law of Leases announced by the Ministry of Development proposes that the update of the price be agreed upon by landlord and tenant.

Once the contract and the extensions are finished, the landlord can decide to stop renting the apartment. He is free to do so. We would have to abandon the house and look for another one.

In order to renovate the flat or paint it we need the permission of the owner. In addition, the money we invest in improving the house is lost the day we leave it.