Alfara del Patriarca – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €255,000 |
| August | €255,000 |
| September | €240,000 |
| October | €230,000 |
| November | €227,500 |
| December | €224,000 |
| January | €226,500 |
| February | €232,650 |
| March | €242,300 |
| April | €240,000 |
| May | €232,650 |
| June | €223,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €1,200 |
| August | €1,030 |
| September | €980 |
| October | €1,050 |
| November | €940 |
| December | €910 |
| January | €1,000 |
| February | €950 |
| March | €1,050 |
| April | €1,080 |
| May | €1,060 |
| June | €1,000 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.63% |
| August | 5.45% |
| September | 5.61% |
| October | 5.74% |
| November | 5.83% |
| December | 6.51% |
| January | 6.25% |
| February | 4.74% |
| March | 5.56% |
| April | 5.9% |
| May | 5.59% |
| June | 5.46% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,590 |
| August | €2,600 |
| September | €2,450 |
| October | €2,570 |
| November | €2,940 |
| December | €2,850 |
| January | €2,850 |
| February | €2,960 |
| March | €3,030 |
| April | €3,000 |
| May | €2,960 |
| June | €2,820 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (34%) | 13 listings (34%) |
| 2 bedroom (37%) | 14 listings (37%) |
| 3 bedroom (21%) | 8 listings (21%) |
| 4+ bedroom (8%) | 3 listings (8%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 5.53% |
| 2 bedroom | 6.2% |
| 3 bedroom | 5.18% |
| 4+ bedroom | 0% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 4.38% |
| 50-60 m² apartments | 4.74% |
| 60-70 m² apartments | 5.65% |
| 70-80 m² apartments | 6.03% |
| 80-90 m² apartments | 4.01% |
| 90-100 m² apartments | 5.74% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 4.06% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €4,720 |
| 2 bedroom | €2,780 |
| 3 bedroom | €2,490 |
| 4+ bedroom | €2,560 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 5210 |
| 50-60 m² apartments | 4300 |
| 60-70 m² apartments | 3140 |
| 70-80 m² apartments | 2650 |
| 80-90 m² apartments | 3730 |
| 90-100 m² apartments | 2090 |
| 100-110 m² apartments | 2590 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 2410 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 2 |
| 2 bedroom | 8 |
| 3 bedroom | 4 |
| 4+ bedroom | 3 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 1 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 5 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 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 | 11 |
| 2 bedroom | 6 |
| 3 bedroom | 4 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 3 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 1 |
| 50-60 m² apartments | 3 |
| 60-70 m² apartments | 4 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 1 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | €236.5k | €255k | €265k |
| August | -- | €250k | €251k | €275k |
| September | -- | €269k | €217.5k | €185k |
| October | €219k | €232.5k | €237.5k | €185k |
| November | €219k | €225k | €240k | €175k |
| December | €219k | €215k | €236.2k | €222k |
| January | €219k | €215k | €295k | €175k |
| February | €219k | €215k | €268.6k | €269k |
| March | €219k | €212.5k | €246.2k | €275k |
| April | €223.5k | €199k | €260k | €264.5k |
| May | €217k | €199k | €279k | €259k |
| June | €217k | €207k | €260.6k | €259k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €800 | €1,100 | €1,200 | €1,250 |
| August | €930 | €950 | €1,200 | €1,300 |
| September | €860 | €900 | €1,000 | €1,300 |
| October | €900 | €1,080 | €980 | €1,280 |
| November | €900 | €950 | €930 | €1,280 |
| December | €900 | €910 | €1,350 | €1,280 |
| January | €900 | €950 | €1,230 | €1,280 |
| February | €880 | €1,000 | €1,050 | €1,300 |
| March | €850 | €1,080 | €1,350 | -- |
| April | €1,000 | €1,150 | €1,200 | €1,500 |
| May | €1,030 | €1,100 | €1,100 | €980 |
| June | €1,000 | €1,070 | €1,130 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | 17.92 | 17.71 | 17.67 |
| August | -- | 21.93 | 17.43 | 17.63 |
| September | -- | 24.91 | 18.13 | 11.86 |
| October | 20.28 | 18.02 | 20.3 | 12.09 |
| November | 20.28 | 19.74 | 21.62 | 11.44 |
| December | 20.28 | 19.63 | 14.58 | 14.51 |
| January | 20.28 | 18.86 | 20.07 | 11.44 |
| February | 20.86 | 17.92 | 21.32 | 17.24 |
| March | 21.47 | 16.47 | 15.19 | -- |
| April | 18.63 | 14.42 | 18.06 | 14.69 |
| May | 17.56 | 15.08 | 21.14 | 22.14 |
| June | 18.08 | 16.12 | 19.31 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | €3,170 | €2,540 | €2,030 |
| August | -- | €3,130 | €2,740 | €1,800 |
| September | -- | €2,850 | €2,470 | €1,570 |
| October | €5,210 | €3,120 | €2,050 | €1,570 |
| November | €5,210 | €3,260 | €2,700 | €1,480 |
| December | €5,210 | €2,870 | €2,490 | €1,560 |
| January | €5,210 | €2,910 | €2,920 | €1,480 |
| February | €5,210 | €2,910 | €2,670 | €1,620 |
| March | €5,210 | €2,850 | €2,320 | €2,290 |
| April | €4,860 | €2,690 | €2,270 | €2,350 |
| May | €4,720 | €2,690 | €2,410 | €2,560 |
| June | €4,720 | €2,780 | €2,490 | €2,560 |
Investment Insights by Districts
All | 5.46 % | 17 | 21 | €223,000 | €1,000 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | 5.53 % | 2 | 11 | €217,000 | €1,000 |
2 Bedrooms | 6.2 % | 8 | 6 | €207,000 | €1,070 |
3 Bedrooms | 5.18 % | 4 | 4 | €260,650 | €1,130 |
4+ Bedrooms | -- % | 3 | -- | €259,000 | -- |
Summary and Key Takeaways
With a median rental yield of 5.46% and property prices starting at €207,000, Alfara del Patriarca
may become a good investment option for some investors.
Median property prices in Alfara del Patriarca are €223,000, while the median rent is €1,000. This means that a median property in Alfara del Patriarca will pay for itself in 18.6 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: 5.53% yield, sale price €217,000, rent €1,000.
A median 2-bedroom apartment: 6.20% yield, sale price €207,000, rent €1,070.
A median 3-bedroom apartment: 5.18% yield, sale price €260,650, rent €1,130.
A median 4+ bedroom apartment: --% yield, sale price €259,000, rent --.
Where exactly to buy the property?