Spain Flag

Spain: House Prices, Rents, and Rental Yields

In Depth

Find Property

Directory

Global Statistics

Regional Statistics


Last Updated: Jul 13, 2009

Unprofitable in Spain

Last Updated: July 13, 2009
BARCELONA - Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
50 sq. m. 216,600 870 4.82% 4,332 17.39
70 sq. m. 285,880 975 4.09% 4,084 13.93
90 sq. m. 370,260 1,116 3.62% 4,114 12.40
120 sq. m. 518,040 1,498 3.47% 4,317 12.48
200 sq. m. 998,200 2,192 2.64% 4,991 10.96
MADRID - Apartments
75 sq. m. 325,350 1,046 3.86% 4,338 13.95
120 sq. m. 471,840 1,500 3.81% 3,932 12.50
150 sq. m. 588,000 1,757 3.58% 3,920 11.71
200 sq. m. 1,010,800 2,596 3.08% 5,054 12.98
300 sq. m. 1,895,700 4,362 2.76% 6,319 14.54
Madrid: Pozuelo de Alarcon, Las Rozas, Majadahonda, El Viso, and Castellana
Barcelona: Ciutat Vella (La Ribera, El Born, Barrio Gotic, and El Raval), L'Eixample (L'Eixample Esquerra Antigua, and L'Eixample Dreta), Gracia, Sarria, Sitges, and Zona Alta (Sarria-Sant Gervasi, Pedralbes,Sant Gervasi, and Tres Torres)
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Renting out continues to be rather unprofitable in Spain.

In Madrid, the gross rental yield on apartments still rather poor at 3.42%, reaching only up to 2.76% for larger apartments of 200-sq. m. and 3.86% for smaller properties of 75-sq. m.

In Barcelona, yields on apartments are slightly higher at 3.73% on average, with a 200-sq. m apartment generating a yield of around 2.64% only. Apartments in Barcelona are just a little less expensive, at €4,368 per sq. m.

 

Your Comments

posted by Anastacia Thomas | 2007-04-02

student, Ansbach Germany

i needed Spains per capita rent for a spanish project and it really helped me.

posted by Rob Innis | 2007-06-29

Real estate, Costa Blanca Spain

The Spanish government has announced tax concessions - including zero tax - on certain rental incomes for landlords to encourage more renting of property to ease the situation for Spanish first time buyers given the higher mortgage rates.

Post a comment

Email address is kept strictly confidential
* Optional, but allows us to notify you when your comment has been posted.
Comments submitted using this form will be published.
Note that the editors cannot answer specific questions, e.g., about law or taxation.
These issues can be raised by posting publicly here, where often knowledgeable local readers are able to assist.





Subscribe to our Newsletter!

Enter your email address to sign up.