La Victoria de Acentejo – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €189,750 |
| August | €230,000 |
| September | €199,500 |
| October | €214,250 |
| November | €196,000 |
| December | €192,500 |
| January | €207,000 |
| February | €219,500 |
| March | €217,700 |
| April | €213,850 |
| May | €217,950 |
| June | €225,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €920 |
| August | €750 |
| September | €860 |
| October | €690 |
| November | €860 |
| December | €990 |
| January | €900 |
| February | €890 |
| March | €950 |
| April | €1,190 |
| May | €820 |
| June | €800 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | -- |
| August | 5.7% |
| September | 6.11% |
| October | 5.06% |
| November | 5.41% |
| December | 6.43% |
| January | 5.4% |
| February | 5.44% |
| March | 6.55% |
| April | 7.12% |
| May | 4.23% |
| June | 5.06% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,290 |
| August | €2,150 |
| September | €2,170 |
| October | €2,130 |
| November | €2,420 |
| December | €2,230 |
| January | €2,170 |
| February | €2,490 |
| March | €2,620 |
| April | €2,640 |
| May | €2,660 |
| June | €2,250 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (7%) | 1 listings (7%) |
| 1 bedroom (14%) | 2 listings (14%) |
| 2 bedroom (43%) | 6 listings (43%) |
| 3 bedroom (36%) | 5 listings (36%) |
| 4+ bedroom (0%) | 0 listings (0%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 3.11% |
| 2 bedroom | 5.71% |
| 3 bedroom | 5.46% |
| 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 | 5.15% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 4.7% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 4.27% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €6,280 |
| 2 bedroom | €1,580 |
| 3 bedroom | €2,230 |
| 4+ bedroom | €0 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 6280 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 3250 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 2840 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 2000 |
| 110-120 m² apartments | 1200 |
| 120-130 m² apartments | 1840 |
| 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 | 1 |
| 2 bedroom | 2 |
| 3 bedroom | 4 |
| 4+ bedroom | 0 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 1 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 1 |
| 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 | 1 |
| 1 bedroom | 1 |
| 2 bedroom | 4 |
| 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 | 3 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 1 |
| 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 |
|---|---|---|---|
| July | -- | -- | €189.8k |
| August | -- | €150k | €230k |
| September | -- | €144.9k | €230k |
| October | -- | €178k | €230k |
| November | €169k | -- | €213k |
| December | -- | -- | €192.5k |
| January | -- | -- | €207k |
| February | -- | -- | €219.5k |
| March | -- | €222k | €217.7k |
| April | -- | €249k | €210k |
| May | €270k | €224.5k | €209k |
| June | €270k | €167k | €225.9k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €950 | €890 | -- |
| August | €730 | €810 | €750 |
| September | -- | €860 | -- |
| October | -- | €750 | -- |
| November | €750 | -- | €980 |
| December | -- | -- | €980 |
| January | -- | -- | €800 |
| February | €790 | €950 | -- |
| March | -- | €850 | €1,400 |
| April | -- | -- | €1,550 |
| May | €700 | €850 | -- |
| June | €700 | €800 | €1,030 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| August | -- | 15.53 | 25.56 |
| September | -- | 14.12 | -- |
| October | -- | 19.78 | -- |
| November | 18.78 | -- | 18.21 |
| December | -- | -- | 16.45 |
| January | -- | -- | 21.56 |
| March | -- | 21.76 | 12.96 |
| April | -- | -- | 11.29 |
| May | 32.14 | 22.01 | -- |
| June | 32.14 | 17.51 | 18.3 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | -- | -- | €2,290 |
| August | -- | €2,080 | €2,130 |
| September | -- | €1,980 | €2,150 |
| October | -- | €2,470 | €2,110 |
| November | €2,320 | -- | €2,460 |
| December | -- | -- | €2,230 |
| January | -- | -- | €2,170 |
| February | -- | -- | €2,490 |
| March | -- | €2,540 | €2,690 |
| April | -- | €3,000 | €2,590 |
| May | €6,280 | €2,450 | €2,580 |
| June | €6,280 | €1,580 | €2,230 |
Investment Insights by Districts
All | 5.06 % | 7 | 7 | €225,000 | €800 |
Studio | -- % | -- | 1 | -- | €900 |
1 Bedroom | 3.11 % | 1 | 1 | €270,000 | €700 |
2 Bedrooms | 5.71 % | 2 | 4 | €167,000 | €800 |
3 Bedrooms | 5.46 % | 4 | 1 | €225,950 | €1,030 |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 5.06% and property prices starting at €167,000, La Victoria de Acentejo
may become a good investment option for some investors.
Median property prices in La Victoria de Acentejo are €225,000, while the median rent is €800. This means that a median property in La Victoria de Acentejo will pay for itself in 23.4 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €900.
A median 1-bedroom apartment: 3.11% yield, sale price €270,000, rent €700.
A median 2-bedroom apartment: 5.71% yield, sale price €167,000, rent €800.
A median 3-bedroom apartment: 5.46% yield, sale price €225,950, rent €1,030.
A median 4+ bedroom apartment: --% yield, sale price --, rent --.
Where exactly to buy the property?