Apartments for Sale in Costa Blanca South
Why buying a house to rent in Spain is a big deal?
Buying house for rent in Spain is consolidated as the most profitable real estate investments.
The investment in housing lives a new golden age. Without the excesses of old and with the lesson learned (until now), professionals and individuals have returned to the residential sector as a breeding ground for benefits. Why? Because buying a house to put it on for rent offers a much higher return than other financial assets.
In addition, the price of the flats is still much lower than that of ten years ago and, above all, has an upward trend. According to a study carried out by the real estate portal of Spain. Idealist, real estate investment in Spain offers rates of return that triple, in the worst case, those of other products such as 10-year State bonds.
At the national level, the profitability offered by investment in rental housing has increased to 7.3% from 5.5% a year ago, due to the strengthening of rental demand.
Alicante, between the Spanish regions where the rent has greater profitability.
The real estate differences between the different markets require a more detailed study when making an investment. For example, as regards investment in housing for later rental, Las Palmas de Gran Canaria is the Spanish capital where this option is most profitable, with an 8% profitability. Followed by Lleida (7.7%), Huelva and Alicante (6.8% in both cases). The profitability in Barcelona is 5%, lower than that of Madrid (5.8%).
