Los Llanos de Aridane – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €198,000 |
| August | €209,000 |
| September | €198,000 |
| October | €215,000 |
| November | €236,000 |
| December | €210,000 |
| January | €235,000 |
| February | €210,000 |
| March | €230,000 |
| April | €254,750 |
| May | €252,500 |
| June | €267,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €850 |
| August | €760 |
| September | €950 |
| October | €860 |
| November | €780 |
| December | €880 |
| January | €1,080 |
| February | €950 |
| March | €830 |
| April | €1,200 |
| May | €1,200 |
| June | €980 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 6.11% |
| August | 5.5% |
| September | 5.75% |
| October | 3.17% |
| November | 3.67% |
| December | 3.99% |
| January | 4.1% |
| February | 4.34% |
| March | 3.78% |
| April | 6.44% |
| May | 8.09% |
| June | 5.11% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,060 |
| August | €2,250 |
| September | €1,890 |
| October | €2,260 |
| November | €2,640 |
| December | €2,360 |
| January | €2,730 |
| February | €2,360 |
| March | €2,670 |
| April | €2,600 |
| May | €2,630 |
| June | €2,860 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (8%) | 1 listings (8%) |
| 1 bedroom (0%) | 0 listings (0%) |
| 2 bedroom (33%) | 4 listings (33%) |
| 3 bedroom (50%) | 6 listings (50%) |
| 4+ bedroom (8%) | 1 listings (8%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 5.04% |
| 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 | 0% |
| 60-70 m² apartments | 0% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 5.25% |
| 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 | €8,200 |
| 1 bedroom | €0 |
| 2 bedroom | €2,920 |
| 3 bedroom | €2,540 |
| 4+ bedroom | €2,520 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 8200 |
| 60-70 m² apartments | 3030 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 2700 |
| 90-100 m² apartments | 2940 |
| 100-110 m² apartments | 2550 |
| 110-120 m² apartments | 2120 |
| 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 | 1 |
| 1 bedroom | 0 |
| 2 bedroom | 2 |
| 3 bedroom | 6 |
| 4+ bedroom | 1 |
| 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 | 2 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 2 |
| 100-110 m² apartments | 2 |
| 110-120 m² apartments | 2 |
| 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 | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 2 |
| 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 | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 0 |
| 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 |
Market Trends
Top submarkets
Potential annual revenue
2 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €135k | €198k | €200k | €280k |
| August | -- | €198k | €208k | €290k |
| September | -- | €198k | €194.8k | €280k |
| October | €465k | €201.5k | €223.8k | €230k |
| November | €395k | €198.5k | €220k | €160k |
| December | €395k | €198k | €215k | €230k |
| January | €395k | €198k | €236k | €230k |
| February | €197.5k | €204k | €220k | €300k |
| March | €210k | €280k | €220k | €300k |
| April | -- | €223.8k | €220k | €335k |
| May | €175k | €178k | €240k | €335k |
| June | -- | €232k | €252.5k | €270k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €700 | -- | €1,000 |
| August | €730 | -- | €980 |
| September | €730 | -- | €970 |
| October | €680 | -- | €1,200 |
| November | €720 | €750 | €1,200 |
| December | €760 | €800 | €1,200 |
| January | -- | -- | €1,200 |
| February | -- | -- | -- |
| March | €700 | -- | -- |
| April | -- | €1,200 | -- |
| May | -- | €1,200 | -- |
| June | -- | €980 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | 16.07 | -- | 16.67 |
| August | -- | -- | 17.69 |
| September | -- | -- | 16.82 |
| October | 56.99 | -- | 15.54 |
| November | 45.72 | 22.06 | 15.28 |
| December | 43.31 | 20.63 | 14.93 |
| January | -- | -- | 16.39 |
| February | -- | -- | -- |
| March | 25 | -- | -- |
| April | -- | 15.54 | -- |
| May | -- | 12.36 | -- |
| June | -- | 19.83 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €3,650 | €2,130 | €2,250 | €1,970 |
| August | -- | €2,130 | €2,430 | €1,880 |
| September | -- | €2,130 | €2,010 | €1,970 |
| October | €8,450 | €2,320 | €2,240 | €1,600 |
| November | €7,180 | €2,390 | €2,100 | €1,250 |
| December | €7,180 | €2,610 | €2,100 | €1,600 |
| January | €7,180 | €2,290 | €2,240 | €1,600 |
| February | €3,660 | €2,360 | €2,320 | €1,800 |
| March | €3,620 | €3,130 | €2,470 | €1,800 |
| April | -- | €2,680 | €2,470 | €2,450 |
| May | €2,330 | €2,970 | €2,330 | €2,450 |
| June | -- | €2,920 | €2,540 | €2,520 |
Investment Insights by Districts
All | 5.11 % | 10 | 2 | €267,000 | €980 |
Studio | -- % | 1 | -- | €410,000 | -- |
1 Bedroom | -- % | -- | -- | -- | -- |
2 Bedrooms | 5.04 % | 2 | 2 | €232,000 | €980 |
3 Bedrooms | -- % | 6 | -- | €252,500 | -- |
4+ Bedrooms | -- % | 1 | -- | €270,000 | -- |
Summary and Key Takeaways
With a median rental yield of 5.11% and property prices starting at €232,000, Los Llanos de Aridane
may become a good investment option for some investors.
Median property prices in Los Llanos de Aridane are €267,000, while the median rent is €980. This means that a median property in Los Llanos de Aridane will pay for itself in 22.7 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price €410,000, rent --.
A median 1-bedroom apartment: --% yield, sale price --, rent --.
A median 2-bedroom apartment: 5.04% yield, sale price €232,000, rent €980.
A median 3-bedroom apartment: --% yield, sale price €252,500, rent --.
A median 4+ bedroom apartment: --% yield, sale price €270,000, rent --.
Where exactly to buy the property?