Real estate market news on the Costa Blanca, Spain

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Rental profitability in Spain grew during the first quarter of the year

20/04/2021

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According to data from the real estate portal pisos.com, the average rental profitability in Spain rose to 6.44% in the first quarter of 2021. rose to 6.44% in the first quarter of 2021.

For a property in Spain with a purchase price of 180,000 euros, which is rented with an average monthly rent of 966 euros, the landlord obtains 11,592 euros gross per year in rent. This represents a gross rental yield of 6.44%. This is an increase of more than six tenths compared to the same quarter of 2020 (5.78%), and five tenths compared to the fourth quarter of the previous year (6.39%).

Real estate investment continues to be a safe haven during these times of crisis, with greater profitability and stability than many other assets. 

Ask our real estate experts. They will advise you on which properties for sale may be more profitable as an investment to rent due to their location, characteristics, etc.


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