Three out of four property owners with rental homes in Madrid intend to either raise rents or withdraw their properties from the conventional market once current contracts conclude. This data, from a Fotocasa Research study in February 2026, places the Madrid region at the forefront of Spain in this trend, surpassing communities like Catalonia, Andalusia, and the Valencian Community.
The consultancy links this trend to the impact of rental market regulations, particularly the price update limit set by the Housing Rental Reference Index (IRAV). Nationally, the portal estimates that 68% of landlords plan to increase rents or remove their properties from traditional rental upon the conclusion of existing contracts.
In Madrid, 24% of owners state they will set a higher price when renewing or re-renting their property. Another 19% affirm they will seek tenants with greater economic capacity to demand higher rents. Both strategies point towards the same goal: increasing rental income.
In addition to these intentions to raise prices, other decisions will also reduce the available supply in the conventional market. 12% of landlords are considering selling their homes, 8% plan to rent out rooms separately, and 6% will allocate their properties to holiday rentals. Collectively, these options further fragment an already strained market.
The report paints a picture of increased pressure on supply in a community where rental demand is already particularly intense.
If these decisions materialize, the Madrid market could see a significant portion of its currently available housing stock become more expensive or change its purpose entirely, exacerbating the housing search for tenants.
From a territorial perspective, Madrid leads this behavior with 72% of owners planning to make changes at the end of their contracts. Following are Catalonia, with 68%, and both Andalusia and the Valencian Community, each with 67%.
