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Rentals in Spain : Potential Rental Returns

Price and Rental Return Comparisons - May 2003

	Average   three-bedroom house price	Average rental return on investment (%)	Average weekly rent High Season	Average weekly rent Low Season
Menorca	€310,000	3%	€1,500	€750
Mallorca	€400,000	5.5%	€1,000	€650
Ibiza	€400,000	9%	€1,400	€700
Fuerteventura	€350,000	7%	€1,200	€600
Lanzarote	€260,000	7%	€900	€600
Gran Canaria	€180,000	3.5%	€250	€200
Tenerife	€250,000	6%	€400	€200
Costa Blanca (North of Alicante)	€230,000	6.4%	€750	€350
Costa Blanca Alicante and South	€180,000	7.5%	€700	€350
Costa Blanca - Inland	€200,000	7%	€800	€400
Costa Brava	€190,000	6.5%	€600	€400
Costa Calida	€100,000	4%	€350	€150
Costa de Almeria	€130,000	6.2%	€420	€280
Costa de Azahar	€190,000	7%	€650	€320
Costa del Sol - East of Malaga	€210,000	8%	€1,000	€550
Costa del Sol - West of Marbella	€280,000	9%	€1,200	€750
Costa del Sol - Marbella to Malaga	€400,000	10.5%	€1,500	€1,000
Costa del Sol - Inland	€250,000	6%	€480	€400
Costa de la Luz	€140,000	5.5%	€330	€300
Rural Spain	€110,000	6%	€500	€200
Barcelona	€350,000	3.5%	€350	€250
Madrid	€450,000	3%	€600	€200
Sevilla	€350,000	4.5%	€800	€400
Valencia	€250,000	6.5%	€1,200	€400

 

Please note, this chart should be used as a guide only. Many factors contribute to a property's desirability from a rental perspective, among these are:
Proximity to amenities and airports, size, and location within the area.
Additionally, you should not count on 52 weeks a year rental. 40 to 48 weeks is attainable if you and/or your agent market it diligently. For more information on renting your property out contact Francesca on our rentals desk or Email inmo@orangestate.net

All prices are denominated in € (euros)

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