Impossible to get decent rental yields in Barcelona?

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    • January 16, 2017 at 4:42 pm #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

    • January 22, 2017 at 2:16 pm #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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