Rent apartments in crisis time

Crisis apartmentsThe 2009 season was marked by the beginning of the crisis. That affects decline the rental of apartments. Employers argue, despite the poor economic situation and level of occupation will be very similar to last year.

The rent for a week has become the star of the summer. It is the main demand of the customers, so that employers have had to adapt to the new situation to deal with the crisis, although they would prefer longer periods such as half or full month.

Even in some places, owners are coming to offer apartments for days. Oropesa in a building next to the sea costs 45 euros a day.

Entrepreneurs show a moderate optimism. The calculations indicate that the drive occupancy rates remain at around 70% in July and 80% in August, although in some parts of the coast can reach 90%, figures very similar to last year. However, they recognize that the economic slowdown has forced them to maintain prices.

The president of the Association of Tourist Apartments (Aptur), Sergio Gambia showed how skepticism is developing before the start of the tourist season. Gambia acknowledged that during the last weeks of June have been paralyzed reservations. "I do not know if it is for the bad economic news, but the fact is that two or three weeks ago the rent was paralyzed," he said.

Industry sources explained that the companies involved in rental housing are reluctant to show the reality. "But the truth is that the situation is far worse than what draw entrepreneurs," he explained.

Thus, stressed that the drop in apartment prices over the previous year around 25% or 30% and in some cases can reach 50%. "When I rented the apartment for just one weekend, as is happening in the province of Barcelona as the capital of Madrid.
In the same line explained that the owners "they want to hire. If you see it is about in July and have not closed the operation down the price, but companies prefer not to do so because it reduces their profit margin."

Another fact that stands out that the situation is not as positive as defined by the employers is that they have delayed the rating of "high season" until mid-July, when normally starts 1st of July.

The rental price has been since the main affected by the crisis that has reached full of the tourism sector. The apartments are still hiring but at a much lower price.