More than half of private landlords in Malaga own multiple properties, according to a new report by the Ministerio de Consumo in collaboration with the CSIC.
In Malaga, 51.6% of landlords have more than one rental home, compared to 48.4% who rent out just a single property.
The picture is slightly different in Sevilla, where single-property landlords still make up the majority (53.2%), although multi-property owners are close behind at 46.8%.
Across Spain as a whole, the trend is even clearer, as some 52.8% of rental homes owned by individuals belong to landlords with two or more properties
Meanwhile, 61% of the total rental market is controlled by multi-property landlords and companies, while just 39% is in the hands of single-property owners.
The dominance of multi-property landlords is even more pronounced in major urban areas.
Cities like Las Palmas, Barcelona, Madrid and Valencia all show higher concentrations of landlords with multiple homes.
Between 2016 and 2023, landlords with multiple properties expanded their rental portfolios by nearly 40, significantly faster than single-property owners, whose growth stood at just over 30%.
Over the same period, the total number of rental homes in Spain rose from 1.9 million to 2.57 million.
Despite their growing influence, landlords still represent a relatively small share of the population.
Around 4.9% of Spaniards receive income from renting out homes, compared to 20.8% who live as tenants.
Read more Andalucia news at the Spanish Eye.
