Churriana de la Vega – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €196,000 |
| August | €185,000 |
| September | €188,000 |
| October | €190,000 |
| November | €190,000 |
| December | €175,000 |
| January | €175,000 |
| February | €175,000 |
| March | €164,000 |
| April | €179,000 |
| May | €177,500 |
| June | €199,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €650 |
| August | €650 |
| September | €750 |
| October | €700 |
| November | €700 |
| December | €700 |
| January | €700 |
| February | €700 |
| March | €700 |
| April | €700 |
| May | €700 |
| June | €690 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.5% |
| August | 4.2% |
| September | 4.76% |
| October | 4.63% |
| November | 4.84% |
| December | 5.02% |
| January | 4.91% |
| February | 5.17% |
| March | 5.29% |
| April | 5.15% |
| May | 5.23% |
| June | 4.59% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,110 |
| August | €2,130 |
| September | €2,090 |
| October | €2,240 |
| November | €1,980 |
| December | €2,240 |
| January | €2,460 |
| February | €2,460 |
| March | €2,280 |
| April | €2,110 |
| May | €2,280 |
| June | €2,260 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (4%) | 2 listings (4%) |
| 1 bedroom (15%) | 8 listings (15%) |
| 2 bedroom (36%) | 20 listings (36%) |
| 3 bedroom (45%) | 25 listings (45%) |
| 4+ bedroom (0%) | 0 listings (0%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 5.63% |
| 2 bedroom | 4.88% |
| 3 bedroom | 3.47% |
| 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 | 3.55% |
| 70-80 m² apartments | 5.11% |
| 80-90 m² apartments | 3.59% |
| 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 | €2,460 |
| 2 bedroom | €2,250 |
| 3 bedroom | €3,130 |
| 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 | 2540 |
| 60-70 m² apartments | 3080 |
| 70-80 m² apartments | 2320 |
| 80-90 m² apartments | 3130 |
| 90-100 m² apartments | 2110 |
| 100-110 m² apartments | 2000 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 2570 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 5 |
| 2 bedroom | 18 |
| 3 bedroom | 24 |
| 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 | 3 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 16 |
| 80-90 m² apartments | 15 |
| 90-100 m² apartments | 3 |
| 100-110 m² apartments | 6 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 2 |
| 1 bedroom | 3 |
| 2 bedroom | 2 |
| 3 bedroom | 1 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 2 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 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
Studio
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €110k | €185.0k | €210k | €158k |
| August | €135k | €195.8k | €190k | €158k |
| September | €105k | €195.8k | €185k | -- |
| October | €112.3k | €190k | €260k | -- |
| November | €105k | €190k | €189.9k | €333k |
| December | €127.5k | €175k | €189.9k | €333k |
| January | €135k | €175k | €189.9k | -- |
| February | €135k | €175k | €179k | -- |
| March | €130k | €159.9k | €179k | -- |
| April | €130k | €169k | €217k | -- |
| May | €168k | €163k | €193.9k | -- |
| June | €145k | €159.9k | €275k | -- |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €620 | €700 | -- | -- |
| August | €630 | €670 | -- | -- |
| September | €630 | €750 | €750 | -- |
| October | €640 | €700 | €700 | -- |
| November | €600 | €710 | €750 | €820 |
| December | €750 | €680 | €800 | -- |
| January | €700 | €700 | €900 | -- |
| February | €640 | €700 | €900 | -- |
| March | €650 | €700 | -- | -- |
| April | €630 | €700 | €780 | -- |
| May | €720 | €700 | €800 | -- |
| June | €680 | €650 | €800 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 14.91 | 22.02 | -- | -- |
| August | 17.86 | 24.54 | -- | -- |
| September | 13.89 | 21.76 | 20.56 | -- |
| October | 14.62 | 22.62 | 30.95 | -- |
| November | 14.58 | 22.3 | 21.1 | 33.84 |
| December | 14.17 | 21.45 | 19.79 | -- |
| January | 16.07 | 20.83 | 17.58 | -- |
| February | 17.58 | 20.98 | 16.57 | -- |
| March | 16.6 | 19.04 | -- | -- |
| April | 17.2 | 20.12 | 23.18 | -- |
| May | 19.44 | 19.4 | 20.26 | -- |
| June | 17.77 | 20.51 | 28.83 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,420 | €2,130 | €2,160 | €1,410 |
| August | €3,000 | €2,250 | €1,410 | €1,410 |
| September | €2,630 | €2,610 | €1,700 | -- |
| October | €2,810 | €2,530 | €2,410 | -- |
| November | €2,630 | €2,240 | €1,870 | €2,580 |
| December | €2,970 | €2,500 | €1,900 | €2,580 |
| January | €2,500 | €2,550 | €1,900 | -- |
| February | €2,500 | €2,460 | €1,790 | -- |
| March | €2,410 | €2,250 | €1,860 | -- |
| April | €2,410 | €2,380 | €1,940 | -- |
| May | €2,370 | €2,300 | €1,940 | -- |
| June | €2,460 | €2,250 | €3,130 | -- |
Investment Insights by Districts
All | 4.59 % | 47 | 8 | €199,000 | €690 |
Studio | -- % | -- | 2 | -- | €730 |
1 Bedroom | 5.63 % | 5 | 3 | €145,000 | €680 |
2 Bedrooms | 4.88 % | 18 | 2 | €159,950 | €650 |
3 Bedrooms | 3.47 % | 24 | 1 | €275,000 | €800 |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 4.59% and property prices starting at €145,000, Churriana de la Vega
may become a good investment option for some investors.
Median property prices in Churriana de la Vega are €199,000, while the median rent is €690. This means that a median property in Churriana de la Vega will pay for itself in 24.0 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €730.
A median 1-bedroom apartment: 5.63% yield, sale price €145,000, rent €680.
A median 2-bedroom apartment: 4.88% yield, sale price €159,950, rent €650.
A median 3-bedroom apartment: 3.47% yield, sale price €275,000, rent €800.
A median 4+ bedroom apartment: --% yield, sale price --, rent --.
Where exactly to buy the property?