Noll Sotogrande reports a surprising increase in the rental market
Despite Covid-related restrictions, the long-term and holiday rental property market is currently very strong in Sotogrande.
At Noll Sotogrande, the number of web enquiries for rentals has increased considerably. According to our website analytics, we had an increase of over 90% for holiday rentals, and a 70% increase in enquiries for long-term rentals in December 2020 compared to the same period in 2019. (Analytics from www.noll-sotogrande.com)
Looking at our website visits, the demand remains strong for the rental market. If you would like to rent your house, or you are looking for a place to rent, contact us: Mail info@noll-sotogrande.com / Mobile +34 659 827 658
According to our associate Chestertons International, something similar is happening in London: Chestertons experienced a 44% increase in agreed rentals since the end of the first lockdown and again between June and mid-December compared to the same period in 2019.
Although the demand for rental properties in Sotogrande is high, we have registered an extraordinary increase in enquiries from Spaniards. This may be due to the fact that people wish escape from big cities such as Madrid, Seville, among others, to take refuge in the “new luxury suburb” Sotogrande. Thanks to the excellent possibility of teleworking that Sotogrande offers: high speed fiber optic internet, proximity to airports, connection to highways…. proving that productive working is possible from your home (for rent) in Sotogrande.
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We believe that as soon as the number of Covid cases in Europe is under control again, the number of enquiries for rentals in Sotogrande will increase further.
Added to this, the incorporation of Gibraltar as a Schengen country will also favour the market for Gibraltarians and English tenants looking to rent in Sotogrande.
If you wish to rent your home, or are looking for rentals, do not hesitate to contact us, we are at your disposal.