Impossible to get decent rental yields in Barcelona?

Spanish Property Insight Forums Spanish Property Forums Property Questions & Answers Impossible to get decent rental yields in Barcelona?

This topic contains 1 reply, has 2 voices, and was last updated by  strudelbaum 1 year, 8 months ago.

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  • #194364

    absolutoutlook
    Participant

    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

  • #194440

    strudelbaum
    Participant

    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…

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