Arrasate o Mondragon – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €194,000 |
| August | €190,000 |
| September | €190,000 |
| October | €202,000 |
| November | €199,500 |
| December | €220,000 |
| January | €220,000 |
| February | €220,000 |
| March | €240,000 |
| April | €235,000 |
| May | €225,000 |
| June | €225,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €850 |
| August | €940 |
| September | €910 |
| October | €920 |
| November | €900 |
| December | €960 |
| January | €930 |
| February | €920 |
| March | €940 |
| April | €930 |
| May | €930 |
| June | €1,050 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.2% |
| August | 5.36% |
| September | 5.56% |
| October | 4.92% |
| November | 5.09% |
| December | 5.51% |
| January | 5.58% |
| February | 5.24% |
| March | 5.11% |
| April | 4.94% |
| May | 6.05% |
| June | 5.33% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,240 |
| August | €2,260 |
| September | €2,260 |
| October | €2,150 |
| November | €2,170 |
| December | €2,440 |
| January | €2,560 |
| February | €2,560 |
| March | €2,550 |
| April | €2,730 |
| May | €2,390 |
| June | €2,600 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (5%) | 4 listings (5%) |
| 2 bedroom (15%) | 12 listings (15%) |
| 3 bedroom (54%) | 42 listings (54%) |
| 4+ bedroom (26%) | 20 listings (26%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 8.56% |
| 3 bedroom | 4.93% |
| 4+ bedroom | 4.76% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 6.04% |
| 70-80 m² apartments | 6.69% |
| 80-90 m² apartments | 5.25% |
| 90-100 m² apartments | 5.92% |
| 100-110 m² apartments | 4.32% |
| 110-120 m² apartments | 3% |
| 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 | €2,670 |
| 2 bedroom | €2,610 |
| 3 bedroom | €2,680 |
| 4+ bedroom | €2,350 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2240 |
| 60-70 m² apartments | 2480 |
| 70-80 m² apartments | 2380 |
| 80-90 m² apartments | 2820 |
| 90-100 m² apartments | 2300 |
| 100-110 m² apartments | 2880 |
| 110-120 m² apartments | 3160 |
| 120-130 m² apartments | 1510 |
| 130-140 m² apartments | 2400 |
| 140-150 m² apartments | 2880 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 4 |
| 2 bedroom | 10 |
| 3 bedroom | 34 |
| 4+ bedroom | 14 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 8 |
| 60-70 m² apartments | 7 |
| 70-80 m² apartments | 6 |
| 80-90 m² apartments | 11 |
| 90-100 m² apartments | 11 |
| 100-110 m² apartments | 5 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 2 |
| 130-140 m² apartments | 2 |
| 140-150 m² apartments | 2 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 2 |
| 3 bedroom | 8 |
| 4+ bedroom | 6 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 2 |
| 80-90 m² apartments | 4 |
| 90-100 m² apartments | 3 |
| 100-110 m² apartments | 3 |
| 110-120 m² apartments | 1 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €204.9k | €155k | €179k | €315k |
| August | €204.9k | €137k | €190k | €347k |
| September | €198k | €133.8k | €190k | €334k |
| October | €188.5k | €182k | €192.5k | €333k |
| November | €198k | €175.3k | €199.5k | €330k |
| December | €198k | €180.7k | €235k | €334k |
| January | €198k | €156k | €235k | €279.5k |
| February | €198k | €156k | €240k | €306.8k |
| March | €198k | €176.5k | €241.3k | €279.5k |
| April | €198k | €149k | €240k | €262.3k |
| May | €164k | €147.9k | €225k | €332k |
| June | €164k | €160.5k | €237.5k | €287.5k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | €850 | €930 |
| August | -- | €800 | €900 | €1,050 |
| September | -- | €920 | €900 | €1,020 |
| October | -- | -- | €900 | €940 |
| November | €700 | -- | €900 | €930 |
| December | -- | -- | €1,000 | €930 |
| January | -- | €760 | €1,100 | €930 |
| February | -- | €760 | €1,000 | €930 |
| March | -- | €900 | €950 | €930 |
| April | -- | -- | €950 | €930 |
| May | -- | €1,150 | €900 | €1,270 |
| June | -- | €1,150 | €980 | €1,140 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | 17.55 | 28.23 |
| August | -- | 14.27 | 17.59 | 27.54 |
| September | -- | 12.12 | 17.59 | 27.42 |
| October | -- | -- | 17.82 | 29.52 |
| November | 23.74 | -- | 18.47 | 29.57 |
| December | -- | -- | 19.68 | 29.93 |
| January | -- | 17.11 | 17.8 | 25.04 |
| February | -- | 17.11 | 20 | 27.49 |
| March | -- | 16.34 | 21.16 | 25.04 |
| April | -- | -- | 21.05 | 23.5 |
| May | -- | 10.77 | 20.83 | 21.87 |
| June | -- | 11.68 | 20.3 | 21.02 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €3,470 | €2,210 | €2,110 | €2,630 |
| August | €3,470 | €1,960 | €2,260 | €2,880 |
| September | €3,360 | €1,910 | €2,380 | €2,760 |
| October | €3,460 | €2,430 | €2,200 | €2,710 |
| November | €3,960 | €2,720 | €2,290 | €2,750 |
| December | €3,960 | €2,820 | €2,730 | €2,780 |
| January | €3,960 | €2,600 | €2,760 | €2,330 |
| February | €3,960 | €2,600 | €2,790 | €2,500 |
| March | €3,960 | €2,780 | €2,810 | €2,330 |
| April | €3,360 | €2,570 | €2,790 | €2,190 |
| May | €2,670 | €2,550 | €2,530 | €2,710 |
| June | €2,670 | €2,610 | €2,680 | €2,350 |
Investment Insights by Districts
All | 5.33 % | 62 | 16 | €225,000 | €1,050 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | 4 | -- | €164,000 | -- |
2 Bedrooms | 8.56 % | 10 | 2 | €160,500 | €1,150 |
3 Bedrooms | 4.93 % | 34 | 8 | €237,500 | €980 |
4+ Bedrooms | 4.76 % | 14 | 6 | €287,500 | €1,140 |
Summary and Key Takeaways
With a median rental yield of 5.33% and property prices starting at €160,500, Arrasate o Mondragon
may become a good investment option for some investors.
Median property prices in Arrasate o Mondragon are €225,000, while the median rent is €1,050. This means that a median property in Arrasate o Mondragon will pay for itself in 17.9 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: --% yield, sale price €164,000, rent --.
A median 2-bedroom apartment: 8.56% yield, sale price €160,500, rent €1,150.
A median 3-bedroom apartment: 4.93% yield, sale price €237,500, rent €980.
A median 4+ bedroom apartment: 4.76% yield, sale price €287,500, rent €1,140.
Where exactly to buy the property?