Buenavista del norte – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | -- |
| August | €159,000 |
| September | €159,000 |
| October | €159,000 |
| November | €148,000 |
| December | €173,350 |
| January | €146,250 |
| February | €195,800 |
| March | €195,800 |
| April | €189,900 |
| May | €199,500 |
| June | €201,790 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | -- |
| August | €800 |
| September | €650 |
| October | €650 |
| November | -- |
| December | €700 |
| January | €430 |
| February | -- |
| March | €930 |
| April | -- |
| May | €800 |
| June | €750 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | -- |
| August | -- |
| September | 5.12% |
| October | 4.91% |
| November | -- |
| December | 5.79% |
| January | 3.7% |
| February | -- |
| March | 5.5% |
| April | -- |
| May | 5.48% |
| June | 5.24% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | -- |
| August | €2,610 |
| September | €2,610 |
| October | €2,630 |
| November | €2,430 |
| December | €1,230 |
| January | €2,340 |
| February | €1,300 |
| March | €1,310 |
| April | €1,330 |
| May | €1,340 |
| June | €1,330 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (13%) | 3 listings (13%) |
| 2 bedroom (21%) | 5 listings (21%) |
| 3 bedroom (67%) | 16 listings (67%) |
| 4+ bedroom (0%) | 0 listings (0%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 4.57% |
| 3 bedroom | 4.6% |
| 4+ bedroom | 0% |
| 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 | 6.32% |
| 70-80 m² apartments | 5.49% |
| 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 | €2,180 |
| 2 bedroom | €1,290 |
| 3 bedroom | €1,260 |
| 4+ bedroom | €0 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 2180 |
| 70-80 m² apartments | 2500 |
| 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 | 1410 |
| 140-150 m² apartments | 1290 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 3 |
| 2 bedroom | 4 |
| 3 bedroom | 15 |
| 4+ bedroom | 0 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 3 |
| 70-80 m² apartments | 1 |
| 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 | 2 |
| 140-150 m² apartments | 5 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 1 |
| 3 bedroom | 1 |
| 4+ bedroom | 0 |
| 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 | 1 |
| 70-80 m² apartments | 1 |
| 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
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| August | -- | €159k | -- |
| September | €155.5k | €159k | -- |
| October | €178k | €159k | -- |
| November | €133k | €148k | -- |
| December | €133k | €159.5k | €201.8k |
| January | €133k | €159.5k | -- |
| February | €133k | €176k | €199.5k |
| March | €133k | €159.5k | €201.8k |
| April | €133k | €171.8k | €199.5k |
| May | €133k | €171.7k | €206.3k |
| June | €133k | €184.0k | €208.6k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| August | -- | -- | €800 |
| September | -- | €650 | -- |
| October | -- | €650 | -- |
| December | -- | €700 | -- |
| January | €430 | -- | -- |
| March | -- | -- | €930 |
| May | -- | €700 | €900 |
| June | -- | €700 | €800 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| September | -- | 20.38 | -- |
| October | -- | 20.38 | -- |
| December | -- | 18.99 | -- |
| January | 25.78 | -- | -- |
| March | -- | -- | 18.18 |
| May | -- | 20.44 | 19.11 |
| June | -- | 21.9 | 21.73 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| August | -- | €2,610 | -- |
| September | €2,960 | €2,610 | -- |
| October | €4,050 | €2,610 | -- |
| November | €2,180 | €2,430 | -- |
| December | €2,180 | €1,530 | €1,310 |
| January | €2,180 | €2,490 | -- |
| February | €2,180 | €1,670 | €1,300 |
| March | €2,180 | €2,280 | €1,320 |
| April | €2,180 | €1,660 | €1,300 |
| May | €2,180 | €1,660 | €1,290 |
| June | €2,180 | €1,290 | €1,260 |
Investment Insights by Districts
All | 5.24 % | 22 | 2 | €201,790 | €750 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | 3 | -- | €133,000 | -- |
2 Bedrooms | 4.57 % | 4 | 1 | €183,970 | €700 |
3 Bedrooms | 4.6 % | 15 | 1 | €208,600 | €800 |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 5.24% and property prices starting at €133,000, Buenavista del norte
may become a good investment option for some investors.
Median property prices in Buenavista del norte are €201,790, while the median rent is €750. This means that a median property in Buenavista del norte will pay for itself in 22.4 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: --% yield, sale price €133,000, rent --.
A median 2-bedroom apartment: 4.57% yield, sale price €183,970, rent €700.
A median 3-bedroom apartment: 4.60% yield, sale price €208,600, rent €800.
A median 4+ bedroom apartment: --% yield, sale price --, rent --.
Where exactly to buy the property?