The total number of tourist apartments fell by 12.4% in the last year, the highest reduction in five years
The number of tourist apartments in Spain has decreased by 12.4% over the past year, marking the largest decline in five years according to the National Institute of Statistics.
As of November 2025, Spain registered a total of 329,764 tourist apartments, a significant drop of 46,700 units compared to the previous year. This 12.4% decrease is noted as the largest reduction in the last five years, highlighting a crucial trend in the country's real estate market. Many in the real estate sector attribute this decline to the ongoing housing crisis, which has been exacerbated by the proliferation of tourist rentals in urban centers.
The rise of tourist apartments has been problematic, as it is seen as one of the main reasons contributing to the chronic housing crisis. The growing number of such properties has led to cities facing housing shortages for residents, forcing them to move to suburban areas. To address this issue, various measures have been implemented by local governments aimed at controlling the increase of tourist rentals, particularly in urban areas that provide the most value to tourists but at the cost of long-term residents.
Despite these efforts, many still seek comprehensive insights into the current state of the tourist apartment market. The data from the Instituto Nacional de Estadística provides a clearer picture, but the need for ongoing monitoring and intervention remains apparent, as authorities work to balance tourism's economic benefits with the housing rights of local inhabitants. The larger implications of this trend will significantly affect future urban planning and housing policies across Spain.