Castellazzo Bormida – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| June | €90,000 |
| July | €90,000 |
| August | €85,000 |
| September | €75,000 |
| October | €70,000 |
| November | €65,000 |
| December | €75,000 |
| January | €75,000 |
| February | €75,000 |
| March | €75,000 |
| April | €85,000 |
| May | €88,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| June | -- |
| July | -- |
| August | €400 |
| September | -- |
| October | -- |
| November | €300 |
| December | €490 |
| January | €300 |
| February | €300 |
| March | €390 |
| April | €390 |
| May | €400 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| June | -- |
| July | -- |
| August | 10.11% |
| September | -- |
| October | -- |
| November | 3.67% |
| December | 8.23% |
| January | 3.74% |
| February | 3.49% |
| March | 6.53% |
| April | 6.46% |
| May | 6.98% |
Square meter cost
| Month | Square meter cost |
|---|---|
| June | €950 |
| July | €980 |
| August | €940 |
| September | €830 |
| October | €800 |
| November | €790 |
| December | €990 |
| January | €1,040 |
| February | €1,040 |
| March | €1,040 |
| April | €1,060 |
| May | €1,100 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (5%) | 1 listings (5%) |
| 2 bedroom (40%) | 8 listings (40%) |
| 3 bedroom (15%) | 3 listings (15%) |
| 4+ bedroom (40%) | 8 listings (40%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 5.37% |
| 3 bedroom | 0% |
| 4+ bedroom | 5.64% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 10.27% |
| 60-70 m² apartments | 6.76% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €0 |
| 2 bedroom | €1,120 |
| 3 bedroom | €1,300 |
| 4+ bedroom | €1,110 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 850 |
| 60-70 m² apartments | 1180 |
| 70-80 m² apartments | 990 |
| 80-90 m² apartments | 1180 |
| 90-100 m² apartments | 1220 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 1080 |
| 120-130 m² apartments | 690 |
| 130-140 m² apartments | 770 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 5 |
| 3 bedroom | 3 |
| 4+ bedroom | 7 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 2 |
| 80-90 m² apartments | 4 |
| 90-100 m² apartments | 2 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 1 |
| 2 bedroom | 3 |
| 3 bedroom | 0 |
| 4+ bedroom | 1 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
1 bedroom
2 bedroom
4+ bedroom
Median Sale Price
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| June | €43k | €55k | €125k |
| July | €39k | €55k | €110k |
| August | €36.5k | €49k | €132.5k |
| September | €36.5k | €49k | €125k |
| October | €43k | €49k | €115k |
| November | €45k | €42k | €99.5k |
| December | €60k | €52k | €94.8k |
| January | €60k | €41.5k | €97.5k |
| February | €75k | €41.5k | €97.3k |
| March | €75k | €48k | €94.5k |
| April | €75k | €76k | €97.3k |
| May | €67k | €104k | €100k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| August | €400 | -- | -- | -- |
| November | -- | -- | -- | €300 |
| December | -- | -- | €680 | €300 |
| January | -- | -- | -- | €300 |
| February | -- | -- | -- | €300 |
| March | -- | -- | -- | €390 |
| April | -- | -- | -- | €390 |
| May | €400 | €300 | -- | €470 |
Years to profit (sale to rent ratio)
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| November | -- | -- | 27.64 |
| December | -- | 6.37 | 26.32 |
| January | -- | -- | 27.08 |
| February | -- | -- | 27.01 |
| March | -- | -- | 20.45 |
| April | -- | -- | 21.05 |
| May | 18.61 | -- | 17.73 |
Square meter cost
| Month | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|
| June | €720 | €610 | €1,020 |
| July | €680 | €610 | €950 |
| August | €630 | €540 | €1,150 |
| September | €630 | €540 | €1,200 |
| October | €780 | €540 | €1,110 |
| November | €750 | €490 | €1,090 |
| December | €1,000 | €620 | €1,040 |
| January | €1,000 | €590 | €1,070 |
| February | €1,220 | €590 | €1,080 |
| March | €1,250 | €600 | €1,050 |
| April | €1,250 | €950 | €940 |
| May | €1,120 | €1,300 | €1,110 |
Investment Insights by Districts
All | 6.98 % | 15 | 5 | €88,000 | €400 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | -- | 1 | -- | €400 |
2 Bedrooms | 5.37 % | 5 | 3 | €67,000 | €300 |
3 Bedrooms | -- % | 3 | -- | €104,000 | -- |
4+ Bedrooms | 5.64 % | 7 | 1 | €100,000 | €470 |
Summary and Key Takeaways
With a median rental yield of 6.98% and property prices starting at €67,000, Castellazzo Bormida
may become a good investment option for some investors.
Median property prices in Castellazzo Bormida are €88,000, while the median rent is €400. This means that a median property in Castellazzo Bormida will pay for itself in 18.3 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: --% yield, sale price --, rent €400.
A median 2-bedroom apartment: 5.37% yield, sale price €67,000, rent €300.
A median 3-bedroom apartment: --% yield, sale price €104,000, rent --.
A median 4+ bedroom apartment: 5.64% yield, sale price €100,000, rent €470.
Where exactly to buy the property?