# Individuals control 92% of Spain's rental market 4 October 2026 at 08:38 > New Bank of Spain data shows three million individuals dominate the rental sector, with 1.5 million owners holding just one property. New data from the [Bank of Spain]() reveals that 92% of the country's rental market is controlled by over three million individuals. Almost half of these rented dwellings belong to families who own no other properties, with 1.5 million owners holding just one unit. The central bank reports that nearly one in four citizens now lives in rented accommodation as homeownership rates have fallen from 80% to 70%. While companies control 500,000 properties, 46.6% of individual landlords manage only a single rental investment. Under **Spanish Housing Law**, large holders are those with ten houses, yet these owners represent just 3.6% of the total. With 27% of secondary properties currently sitting empty, the proportion of homes destined for rent has risen to 21% from 18% in 2016. **Spain** [#SpainProperty]() [#RentalMarket]() [#BankOfSpain]() [#HousingLaw]() [#RealEstate]() ## Related news ## [Spanish Congress rejects two key housing decrees]() 2 October 2026 at 16:53 ## [Junts to submit new housing decree to government]() 2 October 2026 at 10:39 ## [PP slams Government over new housing decrees]() 29 September 2026 at 18:57 ## [Spain faces one million home deficit by 2028]() 24 September 2026 at 17:50 ## [Casa 47 launches 638 affordable rental homes]() 22 September 2026 at 17:44