buying spain property guide
Subject: spain rental yields
|
|
 |
Posted Mon Mar 2007 08:46:55 |
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.
full article:
http://www.globalpropertyguide.com/country.php?id=176&cid=eu&cat=3
Does this make sense to you?
|
|
|
|
