Posted June 02, 2015 & filed under marbella estate agent marbella holiday home marbella luxury property spanish real estate news -and- lifestyle
Málaga & the Costa del Sol achieved a higher rental return than Barcelona and Madrid...
In 2014 to buy a house for rent in spain put it offered a gross return of 5.3% and above this figure are placed Lleida, with 7.2%, Las Palmas, with 5.9% and Huesca, with 5.7%, which are the most profitable cities, according to idealista report, one of the leading real estate portal in Spain. At the bottom of the table are placed Orense, with a yield of 3.3%, La Coruña, with 3.5% and San Sebastian, with 3.7%.
Even so these figures are above the 1.4% return on Spanish 10-year bond, making housing investment one of the most profitable products today.
Between the Spanish capital, Lleida is what is most profitable, with 7.2%. followed Las Palmas (5.9%), Huesca (5.7%), Huelva (5.7%) and Palma de Mallorca (5.6%). Profitability in Madrid is 5.1%, slightly higher than in Barcelona (4.7%) and Málaga city and the Costa del Sol with an interesting (5.3%), leaving this city amongst the top ten on rental return.
However, the lower yields of spain are those that get homeowners to rent in Orense (3.3%), La Coruña (3.5%), and Saint Sebastian (3.7%). is positioned below luggage (4%).
If we consider the major provincial capitals in Madrid buy a house for rent offers a yield of 5.1%, more than a year ago (4.2%). Barcelona profitability is 4.7% compared to 4.1% in 2013 According to the report idealista, which relates selling prices and rental various real estate products to calculate your gross profit, offices are the product during the last year experienced a greater increase in profitability. If in December 2013 that returned profitability was 5.6%, a year later was increased to 6.7%.
The shop remains the most profitable investment. Buying a home in spain to rent it offers a gross yield of 6.9%. Property less profitable product offers are the garages, which are over 2014 stagnated at 3.6%. Yet the profitability of investment property in the worst case, far superior to that offered by government bonds to 10 years: 1.4%.
For the preparation of this study idealista has divided the average sales price offered by the rental price applying owners in various markets regarding the quarterly indexes homes, premises, garages and offices for the fourth quarter of 2014. The result is the gross rate of return that provides a homeowner renting their home. This information facilitates analysis of the current state of the market and is a basic starting point for those investors who want to buy real estate assets in order to obtain benefits.
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