[absolutoutlook]

I am thinking of buying my first apartment in Barcelona to rent out.

However, I keep running numbers and I am unable to find many properties that can even be considered a good investment.

The rents are very low, the closing costs 12-15%, and no short term rental licenses – really makes it difficult to buy.

Is anyone else having the same issue or am I calculating it incorrectly?

-Outlook

[strudelbaum]

You should be happy with a net return of 4-5% on your investment plus the (unavoidable) 3% increase on the property resale value. Anything less than those two figures welcome to Costa del Sol.

We’ve got sunshine…

[Author]

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