|Last Updated: Jun. 09, 2012|
|BARCELONA - Apartments||COST ()||YIELD (p.a.)||PRICE/SQ.M. ()|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|70 sq. m.||278,600||917||3.95%||3,980||13.10|
|120 sq. m.||485,520||1,404||3.47%||4,046||11.70|
|200 sq. m.||975,200||2,676||3.29%||4,876||13.38|
|MADRID centre Apartments|
|75 sq. m.||391,650||1,171||3.59%||5,222||15.61|
|120 sq. m.||561,960||1,865||3.98%||4,683||15.54|
|160 sq. m.||803,520||2,142||3.20%||5,022||13.39|
|275 sq. m.||1,565,300||3,749||2.87%||5,692||13.63|
|MADRID suburbs Apartments|
|70 sq. m.||223,090||807||4.34%||3,187||11.53|
|120 sq. m.||350,760||1,141||3.90%||2,923||9.51|
|160 sq. m.||490,080||1,509||3.69%||3,063||9.43|
|275 sq. m.||822,525||2,552||3.72%||2,991||9.28|
|Madrid: Pozuelo de Alarcon, Las Rozas, Majadahonda, El Viso, and Castellana
Barcelona: Ciutat Vella (La Ribera, El Born, Barrio Gotic, and El Raval), LŽEixample (LŽEixample Esquerra Antigua, and LŽEixample 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
Gross rental yields in Spain remain low, but seem to be edging up as prices fall. Apartments in the centre of Barcelona earn rental yields ranging from 3.29% to 3.95%. Smaller apartments tend to earn higher rental returns.
Apartments in the centre of Madrid tell the same story; rental yields are also poor, ranging from 2.87% to 3.98%. However, apartments in the upscale suburbs of central Madrid such as Las Rozas, Majadahonda, and Pozuelo de Alarcon earn higher rental yields, ranging from 3.69% to 4.34%.
In June 2012, prices per square metre (sq. m.) in Barcelona dropped by 13.8% year-on-year (y-o-y), while in Madrid, the drop has been less severe at only 8.4%, according to the second quarter report of Idealista, Spains largest property website.
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