Gross Rental Yields on Property in Barcelona are Recovering.
The three bedroom flats without elevator that offer greater profitability than 6% in the rental market, according to a study of the property group Tecnocasa and the University Pompeu Fabra.
The report notes that more and more homeowners choose to rent their empty homes. The profile of the tenant is a Spanish (64%), 25-44 years (71%) and with permanent contracts (65%).
According to Tecnocasa, profitability is higher when the purchase price of a home is lower, which explains why in Barcelona, for example, the most profitable floorings are those without elevator (7.39%) compared to those who have a lift (5.84%).
The study indicates that rental prices have slightly declined in Barcelona between 2013 and 2014 (-0.59%).