Direction: Teresa Martín
Production/TV: RTVE
Country: Spain
Year: 2026
Genre: Informative
Channel: LA 2 and RTVE PLAY
Duration: 40 min
SYNOPSIS
Investment funds are targeting rental buildings in city centres. Owners of multiple buildings in these areas are being flooded with offers, and many eventually sell. The new owner, the investment fund, will evict the tenants and renovate the flats, dividing them into smaller apartments. One flat can be turned into two or three units, which will be rented out on a short-term basis. The returns are maximised. A highly profitable business.
The vast majority of rental property owners are private individuals who own two or three flats, but it is the large property owners who change the rules of the market and determine rental prices.
Families who once lived in these buildings can no longer afford to rent a home because the new rental prices are beyond their means. Many are forced to share a flat, renting individual rooms, or move to the outskirts of the city, far enough away for the wave of speculation not to have reached them yet.
