La Matanza de Acentejo – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €161,000 |
| August | €170,000 |
| September | €174,500 |
| October | €179,000 |
| November | €179,000 |
| December | €193,000 |
| January | €193,000 |
| February | €193,000 |
| March | €200,000 |
| April | €222,000 |
| May | €200,000 |
| June | €200,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €1,150 |
| August | €1,150 |
| September | €950 |
| October | €1,150 |
| November | €1,290 |
| December | €1,010 |
| January | €1,000 |
| February | €1,250 |
| March | €930 |
| April | €1,000 |
| May | €990 |
| June | €1,000 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 8.24% |
| August | 6.51% |
| September | 6.36% |
| October | 7.69% |
| November | 6.23% |
| December | 5.9% |
| January | 5.86% |
| February | 6.9% |
| March | 4.69% |
| April | 5.11% |
| May | 5.22% |
| June | 5.76% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,460 |
| August | €2,390 |
| September | €2,440 |
| October | €2,010 |
| November | €2,010 |
| December | €2,840 |
| January | €2,840 |
| February | €2,970 |
| March | €3,030 |
| April | €2,980 |
| May | €2,860 |
| June | €2,860 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (27%) | 6 listings (27%) |
| 1 bedroom (32%) | 7 listings (32%) |
| 2 bedroom (41%) | 9 listings (41%) |
| 3 bedroom (0%) | 0 listings (0%) |
| 4+ bedroom (0%) | 0 listings (0%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 5.44% |
| 1 bedroom | 4.3% |
| 2 bedroom | 6.41% |
| 3 bedroom | 0% |
| 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 | 6.26% |
| 60-70 m² apartments | 6.32% |
| 70-80 m² apartments | 6.73% |
| 80-90 m² apartments | 4.77% |
| 90-100 m² apartments | 4.75% |
| 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 | €2,970 |
| 1 bedroom | €3,190 |
| 2 bedroom | €2,710 |
| 3 bedroom | €0 |
| 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 | 2910 |
| 60-70 m² apartments | 2970 |
| 70-80 m² apartments | 2800 |
| 80-90 m² apartments | 2880 |
| 90-100 m² apartments | 2760 |
| 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 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 4 |
| 1 bedroom | 3 |
| 2 bedroom | 2 |
| 3 bedroom | 0 |
| 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 | 1 |
| 60-70 m² apartments | 3 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 1 |
| 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 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 2 |
| 1 bedroom | 4 |
| 2 bedroom | 7 |
| 3 bedroom | 0 |
| 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 | 5 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 3 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 3 |
| 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
Studio
1 bedroom
2 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €159k | €263k | €108.7k | -- |
| August | €159k | €250k | €140k | -- |
| September | €159k | €185k | €160k | -- |
| October | €239k | €210k | €160k | -- |
| November | €197k | €250k | €160k | -- |
| December | €182.5k | €250k | €189.8k | -- |
| January | €185k | €248.5k | €160k | €249k |
| February | €229k | €230k | -- | -- |
| March | €239k | €250k | -- | -- |
| April | €259.5k | €240k | -- | -- |
| May | €257.3k | €230k | -- | -- |
| June | €265k | €196.5k | -- | -- |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €1,150 | €850 | €900 |
| August | €1,050 | €1,300 | -- |
| September | €1,050 | €1,030 | €650 |
| October | €1,050 | €1,290 | -- |
| November | €600 | €1,300 | -- |
| December | €730 | €1,300 | -- |
| January | -- | €1,300 | -- |
| February | €1,250 | €1,300 | -- |
| March | -- | €960 | €900 |
| April | €1,500 | €950 | €950 |
| May | €750 | €990 | -- |
| June | €950 | €1,050 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | 11.52 | 25.78 | 10.06 |
| August | 12.62 | 16.03 | -- |
| September | 12.62 | 15.04 | 20.51 |
| October | 18.97 | 13.57 | -- |
| November | 27.36 | 16.09 | -- |
| December | 20.98 | 16.03 | -- |
| January | -- | 15.93 | -- |
| February | 15.27 | 14.74 | -- |
| March | -- | 21.7 | -- |
| April | 14.42 | 21.05 | -- |
| May | 28.58 | 19.36 | -- |
| June | 23.25 | 15.6 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,690 | €2,860 | €1,380 | -- |
| August | €2,160 | €3,250 | €1,570 | -- |
| September | €2,410 | €2,570 | €1,600 | -- |
| October | €2,630 | €2,860 | €1,600 | -- |
| November | €2,790 | €3,360 | €1,630 | -- |
| December | €3,230 | €3,250 | €1,940 | -- |
| January | €3,190 | €3,360 | €1,670 | €1,840 |
| February | €3,950 | €2,990 | -- | -- |
| March | €2,880 | €3,160 | -- | -- |
| April | €3,130 | €2,860 | -- | -- |
| May | €3,100 | €2,580 | -- | -- |
| June | €3,190 | €2,710 | -- | -- |
Investment Insights by Districts
All | 5.76 % | 9 | 13 | €200,000 | €1,000 |
Studio | 5.44 % | 4 | 2 | €193,000 | €880 |
1 Bedroom | 4.3 % | 3 | 4 | €265,000 | €950 |
2 Bedrooms | 6.41 % | 2 | 7 | €196,500 | €1,050 |
3 Bedrooms | -- % | -- | -- | -- | -- |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 5.76% and property prices starting at €193,000, La Matanza de Acentejo
may become a good investment option for some investors.
Median property prices in La Matanza de Acentejo are €200,000, while the median rent is €1,000. This means that a median property in La Matanza de Acentejo will pay for itself in 16.7 years.
Detailed real estate yield breakdown:
A median Studio apartment: 5.44% yield, sale price €193,000, rent €880.
A median 1-bedroom apartment: 4.30% yield, sale price €265,000, rent €950.
A median 2-bedroom apartment: 6.41% yield, sale price €196,500, rent €1,050.
A median 3-bedroom apartment: --% yield, sale price --, rent --.
A median 4+ bedroom apartment: --% yield, sale price --, rent --.
Where exactly to buy the property?