Post by account_disabled on Mar 13, 2024 2:39:43 GMT -8
Spain is not only made up of large investors who buy larger homes to get a return. In fact, there are more small investors who purchase apartments and try to rent them out. According to the experts consulted, now is a good time to buy a home as an investment, but we must take into account the area and the profitability that we will obtain in return.
Jesús Duque, vice president of Alfa Inmobiliaria , responds that it is a good time because the average rental profitability during 2022 was 6.5%, a return on investment much higher than that of bonds or shares, "for those that were around 0 .7% and 2.5% respectively, and to this we would have to add inflation since money by itself depreciates."
It is important to highlight that such operations Phone Lead carry risks, and the expert advances that, like any other investment, this profitability can be affected by factors such as the rise of the Euribor and inflation, "I always like to recommend doing an exhaustive analysis of the situation of the market in the short, medium and long term, and consider various factors before deciding whether buying an apartment to rent is profitable.
For his part, Iñaki Unsain, PSI (Real Estate Personal Shopper) of reference in Barcelona , former president of AEPSI and general director of ACV Gestión Inmobiliaria, comments that yes, "there are areas in which profitability is much higher due to demand , but it is a very good time to invest in housing. In cities like Barcelona, the demand for rental apartments is very high. Investment to rent has become a refuge for investors fleeing from stock market instability and given the "There is a very high demand in Barcelona for rental apartments, especially from foreign citizens and students who never stop coming to the city to work or study."
At this time, and according to the expert, the profitability we obtain if you buy a home increases especially if you carry out a renovation inside it. "If you leave the apartment completely arranged and ready for rent, the profitability it obtains is currently between 5 and 6% in Barcelona with the type of tenant described above."
Although the average rental profitability is around 6.5%, Jesús Duque establishes that not all properties offer a similar profitability. In each case it will be necessary to evaluate factors such as location, rental demand in the area, purchase and rental prices, the cost of external financing and the general costs of the property to make an informed decision.
The current risks of buying to rent
Buying a house to rent has an undeniable appeal. However, it is not an investment for all pockets or for all profiles. At Alfa Inmobiliaria they are clear that it is easy to make mistakes that hinder profitability or that translate directly into losses. For this reason, they recommend seeking advice from experts in the sector to minimize these risks.
Jesús Duque, vice president of Alfa Inmobiliaria , responds that it is a good time because the average rental profitability during 2022 was 6.5%, a return on investment much higher than that of bonds or shares, "for those that were around 0 .7% and 2.5% respectively, and to this we would have to add inflation since money by itself depreciates."
It is important to highlight that such operations Phone Lead carry risks, and the expert advances that, like any other investment, this profitability can be affected by factors such as the rise of the Euribor and inflation, "I always like to recommend doing an exhaustive analysis of the situation of the market in the short, medium and long term, and consider various factors before deciding whether buying an apartment to rent is profitable.
For his part, Iñaki Unsain, PSI (Real Estate Personal Shopper) of reference in Barcelona , former president of AEPSI and general director of ACV Gestión Inmobiliaria, comments that yes, "there are areas in which profitability is much higher due to demand , but it is a very good time to invest in housing. In cities like Barcelona, the demand for rental apartments is very high. Investment to rent has become a refuge for investors fleeing from stock market instability and given the "There is a very high demand in Barcelona for rental apartments, especially from foreign citizens and students who never stop coming to the city to work or study."
At this time, and according to the expert, the profitability we obtain if you buy a home increases especially if you carry out a renovation inside it. "If you leave the apartment completely arranged and ready for rent, the profitability it obtains is currently between 5 and 6% in Barcelona with the type of tenant described above."
Although the average rental profitability is around 6.5%, Jesús Duque establishes that not all properties offer a similar profitability. In each case it will be necessary to evaluate factors such as location, rental demand in the area, purchase and rental prices, the cost of external financing and the general costs of the property to make an informed decision.
The current risks of buying to rent
Buying a house to rent has an undeniable appeal. However, it is not an investment for all pockets or for all profiles. At Alfa Inmobiliaria they are clear that it is easy to make mistakes that hinder profitability or that translate directly into losses. For this reason, they recommend seeking advice from experts in the sector to minimize these risks.