Es Mercadal – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €350,000 |
| August | €350,000 |
| September | €345,000 |
| October | €345,000 |
| November | €345,000 |
| December | €350,000 |
| January | €345,000 |
| February | €349,000 |
| March | €340,000 |
| April | €330,000 |
| May | €340,000 |
| June | €342,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €1,200 |
| August | €1,100 |
| September | €1,100 |
| October | €1,200 |
| November | €1,200 |
| December | €1,100 |
| January | €1,020 |
| February | €1,200 |
| March | €1,200 |
| April | €1,200 |
| May | €1,200 |
| June | €1,200 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 4.97% |
| August | 5.12% |
| September | 6.29% |
| October | 5.14% |
| November | 4.45% |
| December | 4.92% |
| January | 4.42% |
| February | 5.2% |
| March | 5.15% |
| April | 5.31% |
| May | 5.21% |
| June | 5.47% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €4,490 |
| August | €4,220 |
| September | €4,110 |
| October | €4,420 |
| November | €4,420 |
| December | €4,170 |
| January | €4,600 |
| February | €4,650 |
| March | €4,890 |
| April | €4,400 |
| May | €4,590 |
| June | €4,470 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (19%) | 24 listings (19%) |
| 2 bedroom (48%) | 60 listings (48%) |
| 3 bedroom (28%) | 35 listings (28%) |
| 4+ bedroom (6%) | 7 listings (6%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 24.41% |
| 2 bedroom | 3.32% |
| 3 bedroom | 3.75% |
| 4+ bedroom | 12% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 3.31% |
| 50-60 m² apartments | 3.66% |
| 60-70 m² apartments | 0% |
| 70-80 m² apartments | 4.51% |
| 80-90 m² apartments | 4.57% |
| 90-100 m² apartments | 5.17% |
| 100-110 m² apartments | 16.36% |
| 110-120 m² apartments | 2% |
| 120-130 m² apartments | 6.19% |
| 130-140 m² apartments | 7.5% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €6,560 |
| 2 bedroom | €4,390 |
| 3 bedroom | €4,020 |
| 4+ bedroom | €3,310 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 7760 |
| 40-50 m² apartments | 6560 |
| 50-60 m² apartments | 5360 |
| 60-70 m² apartments | 4530 |
| 70-80 m² apartments | 4320 |
| 80-90 m² apartments | 3750 |
| 90-100 m² apartments | 3490 |
| 100-110 m² apartments | 4230 |
| 110-120 m² apartments | 4700 |
| 120-130 m² apartments | 3770 |
| 130-140 m² apartments | 3530 |
| 140-150 m² apartments | 3790 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 23 |
| 2 bedroom | 52 |
| 3 bedroom | 30 |
| 4+ bedroom | 5 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 4 |
| 40-50 m² apartments | 12 |
| 50-60 m² apartments | 10 |
| 60-70 m² apartments | 18 |
| 70-80 m² apartments | 14 |
| 80-90 m² apartments | 8 |
| 90-100 m² apartments | 5 |
| 100-110 m² apartments | 5 |
| 110-120 m² apartments | 5 |
| 120-130 m² apartments | 8 |
| 130-140 m² apartments | 3 |
| 140-150 m² apartments | 3 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 1 |
| 2 bedroom | 8 |
| 3 bedroom | 5 |
| 4+ bedroom | 2 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 4 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 1 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
1 bedroom
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €210k | €285k | €419k | €450k |
| August | €210k | €285k | €395k | €450k |
| September | €198.6k | €290k | €385k | €450k |
| October | €220k | €320k | €390k | €472.5k |
| November | €235k | €320k | €407.5k | €450k |
| December | €225k | €310k | €422.5k | €495k |
| January | €295k | €310k | €395k | €495k |
| February | €295k | €310k | €395k | €470k |
| March | €295k | €310k | €480k | €450k |
| April | €295k | €316.5k | €376k | €450k |
| May | €295k | €319k | €480k | €472.5k |
| June | €295k | €325k | €480k | €450k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €700 | €950 | €1,880 | €3,000 |
| August | -- | €890 | €990 | €3,000 |
| September | -- | €980 | €2,500 | €3,000 |
| October | -- | €1,040 | €1,350 | €3,000 |
| November | €800 | €850 | €1,500 | €3,000 |
| December | €800 | €930 | €1,500 | €3,000 |
| January | €800 | €870 | €1,450 | €3,000 |
| February | €3,400 | €900 | €1,500 | €3,000 |
| March | €3,450 | €800 | €1,500 | €3,000 |
| April | €6,000 | €850 | €1,400 | €4,500 |
| May | €6,000 | €900 | €1,400 | €4,500 |
| June | €6,000 | €900 | €1,500 | €4,500 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 25 | 25 | 18.62 | 12.5 |
| August | -- | 26.69 | 33.25 | 12.5 |
| September | -- | 24.66 | 12.83 | 12.5 |
| October | -- | 25.64 | 24.07 | 13.13 |
| November | 24.48 | 31.37 | 22.64 | 12.5 |
| December | 23.44 | 27.93 | 23.47 | 13.75 |
| January | 30.73 | 29.69 | 22.7 | 13.75 |
| February | 7.23 | 28.7 | 21.94 | 13.06 |
| March | 7.13 | 32.29 | 26.67 | 12.5 |
| April | 4.1 | 31.03 | 22.38 | 8.33 |
| May | 4.1 | 29.54 | 28.57 | 8.75 |
| June | 4.1 | 30.09 | 26.67 | 8.33 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €5,000 | €4,420 | €4,430 | €3,000 |
| August | €5,000 | €4,070 | €4,110 | €3,000 |
| September | €4,320 | €4,140 | €3,850 | €2,990 |
| October | €4,400 | €4,570 | €3,310 | €3,140 |
| November | €4,700 | €4,570 | €3,440 | €3,150 |
| December | €5,000 | €4,400 | €3,630 | €3,640 |
| January | €6,560 | €4,430 | €4,390 | €3,640 |
| February | €6,560 | €4,630 | €3,760 | €3,590 |
| March | €6,860 | €4,920 | €4,570 | €3,310 |
| April | €6,560 | €4,460 | €3,240 | €3,310 |
| May | €6,020 | €4,490 | €4,100 | €3,660 |
| June | €6,560 | €4,390 | €4,020 | €3,310 |
Investment Insights by Districts
All | 5.47 % | 110 | 16 | €342,000 | €1,200 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | 24.41 % | 23 | 1 | €295,000 | €6,000 |
2 Bedrooms | 3.32 % | 52 | 8 | €325,000 | €900 |
3 Bedrooms | 3.75 % | 30 | 5 | €480,000 | €1,500 |
4+ Bedrooms | 12 % | 5 | 2 | €450,000 | €4,500 |
Summary and Key Takeaways
With a median rental yield of 5.47% and property prices starting at €295,000, Es Mercadal
may become a good investment option for some investors.
Median property prices in Es Mercadal are €342,000, while the median rent is €1,200. This means that a median property in Es Mercadal will pay for itself in 23.8 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: 24.41% yield, sale price €295,000, rent €6,000.
A median 2-bedroom apartment: 3.32% yield, sale price €325,000, rent €900.
A median 3-bedroom apartment: 3.75% yield, sale price €480,000, rent €1,500.
A median 4+ bedroom apartment: 12.00% yield, sale price €450,000, rent €4,500.
Where exactly to buy the property?