Spain: Rental Yields
Returns from rentals are low. Rental yields in Madrid range between 3% and 4.8%. Properties in Barcelona have lower yields at around 2.7% to 3.6%. However, it is possible to get up to 8% in the suburbs surrounding Barcelona. Coastal properties can fetch up to 4% in rental returns.
Landlords are often better off keeping the unit unoccupied because the damage done by tenants is often higher than the rental income. In 2001, 14% of the total housing stock was vacant, bigger than the entire rental stock. Only 10% of all housing is in the rented sector in 2004, down from 20.8% in 1981.
TABLE can be seen here:
http://www.globalpropertyguide.com/coun ... d=eu&cat=3
has been very helpful, but I cannot be too sure about the figures just yet. Especially that the focus has been on Barcelona and Madrid. Can anyone help me check the accuracy of these data?
Your help will be very appreciated
mariaestella
