This percentage places both Canary Islands capitals among the nine Spanish cities that exceed the 30% threshold, which is considered the maximum recommended limit for renting a two-bedroom home.
The analysis, prepared by the real estate portal Idealista, highlights that the shortage of housing supply has driven a widespread increase in prices. Nationally, the average effort households must make to access a rental property stands at 39% of their net income.
In the national context, Palma leads the list for the highest economic pressure at 45%, followed by cities such as Málaga, Valencia, Madrid, and Alicante. Conversely, locations like Ciudad Real and Teruel show the lowest levels, at 19%.
The report also distinguishes this situation from home ownership, where the average effort in Spain is reduced to 29%. However, this indicator does not take into account the prior savings required to secure mortgage financing.
