Torres Novas – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €255,190 |
| August | €260,000 |
| September | €253,750 |
| October | €240,000 |
| November | €274,900 |
| December | €230,000 |
| January | €232,500 |
| February | €247,000 |
| March | €250,000 |
| April | €250,000 |
| May | €239,750 |
| June | €235,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €850 |
| August | €700 |
| September | €850 |
| October | €750 |
| November | €850 |
| December | €790 |
| January | €800 |
| February | €880 |
| March | €880 |
| April | €850 |
| May | €900 |
| June | €900 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 3.83% |
| August | 5.21% |
| September | 5.79% |
| October | 4.66% |
| November | 4.26% |
| December | 4.45% |
| January | 4% |
| February | 4.45% |
| March | 4.15% |
| April | 4.64% |
| May | 4.95% |
| June | 4.82% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,050 |
| August | €2,030 |
| September | €1,890 |
| October | €1,950 |
| November | €2,230 |
| December | €1,980 |
| January | €1,940 |
| February | €2,060 |
| March | €2,080 |
| April | €2,040 |
| May | €1,970 |
| June | €1,960 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (48%) | 32 listings (48%) |
| 1 bedroom (6%) | 4 listings (6%) |
| 2 bedroom (18%) | 12 listings (18%) |
| 3 bedroom (22%) | 15 listings (22%) |
| 4+ bedroom (6%) | 4 listings (6%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 3.71% |
| 1 bedroom | 0% |
| 2 bedroom | 4.69% |
| 3 bedroom | 4.6% |
| 4+ bedroom | 8.73% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 4.89% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 0% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 5.42% |
| 90-100 m² apartments | 4.68% |
| 100-110 m² apartments | 3.85% |
| 110-120 m² apartments | 3.74% |
| 120-130 m² apartments | 3.87% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 6.44% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €2,150 |
| 1 bedroom | €2,910 |
| 2 bedroom | €2,180 |
| 3 bedroom | €2,160 |
| 4+ bedroom | €1,830 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 3070 |
| 50-60 m² apartments | 2910 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 2640 |
| 80-90 m² apartments | 2130 |
| 90-100 m² apartments | 2500 |
| 100-110 m² apartments | 2020 |
| 110-120 m² apartments | 2350 |
| 120-130 m² apartments | 2480 |
| 130-140 m² apartments | 1960 |
| 140-150 m² apartments | 1600 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 26 |
| 1 bedroom | 4 |
| 2 bedroom | 10 |
| 3 bedroom | 10 |
| 4+ bedroom | 1 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 2 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 5 |
| 90-100 m² apartments | 6 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 13 |
| 130-140 m² apartments | 2 |
| 140-150 m² apartments | 6 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 6 |
| 1 bedroom | 0 |
| 2 bedroom | 2 |
| 3 bedroom | 5 |
| 4+ bedroom | 3 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 1 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 2 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 2 |
Market Trends
Top submarkets
Potential annual revenue
Studio
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €150k | €241.8k | €260k | €257.5k |
| August | €150k | €185k | €266.5k | €257.5k |
| September | €165k | €167.5k | €275.4k | €280k |
| October | €165k | €170k | €285k | €280k |
| November | €165k | €170k | €290k | €399.5k |
| December | €165k | €185k | €257.5k | €399.5k |
| January | €187.5k | €172k | €295k | €399.5k |
| February | €205k | €175k | €280k | €399.5k |
| March | €166.5k | €190k | €295k | €399.5k |
| April | €175k | €235k | €270k | €220k |
| May | €165k | €209k | €235k | €220k |
| June | €169k | €202k | €235k | €220k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €400 | -- | €850 | -- |
| August | €550 | €700 | €850 | -- |
| September | -- | €780 | €950 | -- |
| October | €750 | €680 | €890 | -- |
| November | -- | €680 | €890 | €1,300 |
| December | €480 | €720 | €950 | -- |
| January | €450 | €790 | €950 | -- |
| February | €450 | €780 | €900 | €1,600 |
| March | €450 | €820 | €950 | €1,300 |
| April | -- | €800 | €930 | €1,300 |
| May | €700 | €800 | €880 | €1,300 |
| June | -- | €790 | €900 | €1,600 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 31.25 | -- | 25.49 | -- |
| August | 22.73 | 22.02 | 26.13 | -- |
| September | -- | 18.01 | 24.29 | -- |
| October | 18.46 | 20.99 | 26.84 | -- |
| November | -- | 20.99 | 27.31 | 25.61 |
| December | 28.65 | 21.41 | 22.59 | -- |
| January | 34.72 | 18.14 | 25.88 | -- |
| February | 37.96 | 18.82 | 25.93 | 20.81 |
| March | 30.83 | 19.31 | 25.88 | 25.71 |
| April | -- | 24.48 | 24.32 | 14.16 |
| May | 19.64 | 21.77 | 22.38 | 14.16 |
| June | -- | 21.31 | 21.76 | 11.46 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,650 | €2,030 | €1,940 | €1,910 |
| August | €2,650 | €1,750 | €1,850 | €1,910 |
| September | €2,360 | €1,680 | €1,910 | €1,920 |
| October | €2,360 | €2,040 | €1,980 | €1,920 |
| November | €2,500 | €2,070 | €2,210 | €2,080 |
| December | €2,200 | €2,100 | €2,110 | €2,080 |
| January | €2,660 | €1,790 | €2,400 | €2,080 |
| February | €3,420 | €1,940 | €2,300 | €2,080 |
| March | €2,800 | €1,980 | €2,400 | €2,080 |
| April | €2,970 | €2,870 | €2,160 | €1,530 |
| May | €2,800 | €2,300 | €2,080 | €1,650 |
| June | €2,910 | €2,180 | €2,160 | €1,830 |
Investment Insights by Districts
All | 4.82 % | 51 | 16 | €235,000 | €900 |
Studio | 3.71 % | 26 | 6 | €275,000 | €850 |
1 Bedroom | -- % | 4 | -- | €169,000 | -- |
2 Bedrooms | 4.69 % | 10 | 2 | €202,000 | €790 |
3 Bedrooms | 4.6 % | 10 | 5 | €235,000 | €900 |
4+ Bedrooms | 8.73 % | 1 | 3 | €220,000 | €1,600 |
Summary and Key Takeaways
With a median rental yield of 4.82% and property prices starting at €169,000, Torres Novas
may become a good investment option for some investors.
Median property prices in Torres Novas are €235,000, while the median rent is €900. This means that a median property in Torres Novas will pay for itself in 21.8 years.
Detailed real estate yield breakdown:
A median Studio apartment: 3.71% yield, sale price €275,000, rent €850.
A median 1-bedroom apartment: --% yield, sale price €169,000, rent --.
A median 2-bedroom apartment: 4.69% yield, sale price €202,000, rent €790.
A median 3-bedroom apartment: 4.60% yield, sale price €235,000, rent €900.
A median 4+ bedroom apartment: 8.73% yield, sale price €220,000, rent €1,600.
Where exactly to buy the property?