Mejorada del Campo – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €204,900 |
| August | €187,450 |
| September | €198,750 |
| October | €199,000 |
| November | €220,000 |
| December | €207,000 |
| January | €210,000 |
| February | €212,500 |
| March | €207,450 |
| April | €220,000 |
| May | €220,000 |
| June | €210,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €950 |
| August | €1,000 |
| September | €1,080 |
| October | €990 |
| November | €800 |
| December | €1,100 |
| January | €1,050 |
| February | €1,150 |
| March | €1,050 |
| April | €1,400 |
| May | €1,380 |
| June | €1,300 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.41% |
| August | 6.1% |
| September | 7.46% |
| October | 7.1% |
| November | 7.11% |
| December | 7.11% |
| January | 7.19% |
| February | 6.05% |
| March | 6.13% |
| April | 7.05% |
| May | 6.68% |
| June | 6.48% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,440 |
| August | €2,340 |
| September | €2,520 |
| October | €2,310 |
| November | €2,530 |
| December | €2,440 |
| January | €2,630 |
| February | €2,690 |
| March | €2,580 |
| April | €2,750 |
| May | €2,720 |
| June | €2,440 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (4%) | 2 listings (4%) |
| 2 bedroom (15%) | 7 listings (15%) |
| 3 bedroom (63%) | 30 listings (63%) |
| 4+ bedroom (19%) | 9 listings (19%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 0% |
| 3 bedroom | 6.48% |
| 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 | 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 | €3,180 |
| 2 bedroom | €2,850 |
| 3 bedroom | €2,670 |
| 4+ bedroom | €1,880 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 4000 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 2590 |
| 70-80 m² apartments | 2600 |
| 80-90 m² apartments | 2680 |
| 90-100 m² apartments | 3130 |
| 100-110 m² apartments | 1880 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 2000 |
| 130-140 m² apartments | 2680 |
| 140-150 m² apartments | 2590 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 2 |
| 2 bedroom | 7 |
| 3 bedroom | 29 |
| 4+ bedroom | 9 |
| 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 | 5 |
| 70-80 m² apartments | 9 |
| 80-90 m² apartments | 9 |
| 90-100 m² apartments | 8 |
| 100-110 m² apartments | 8 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 2 |
| 140-150 m² apartments | 1 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 0 |
| 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 | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 0 |
| 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
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €119k | €235k | €210k | €222.5k |
| August | €114.5k | €169.9k | €209.9k | €145k |
| September | €149.8k | €174.9k | €216k | €145k |
| October | €125k | €174.9k | €220k | €196k |
| November | €135k | €248.5k | €220k | €275.0k |
| December | €135k | €175k | €219.3k | €275.0k |
| January | €135k | €229.5k | €199k | €250.0k |
| February | €165k | €229k | €197k | €275.0k |
| March | €170k | €234.5k | €207.4k | €250.0k |
| April | €173.9k | €227k | €220k | €250.4k |
| May | €196.4k | €209.4k | €210k | €270k |
| June | €192.4k | €185k | €240k | €195k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | €950 | -- |
| August | -- | -- | €1,000 | -- |
| September | -- | €950 | -- | €1,200 |
| October | -- | -- | €990 | -- |
| November | €800 | -- | -- | -- |
| December | -- | €1,300 | €1,030 | -- |
| January | €900 | -- | €1,200 | -- |
| February | -- | €1,300 | €1,000 | -- |
| March | -- | €1,100 | €1,000 | -- |
| April | -- | €1,300 | €1,500 | -- |
| May | -- | €1,300 | €1,440 | -- |
| June | -- | -- | €1,300 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | -- | 18.47 | -- |
| August | -- | -- | 17.5 | -- |
| September | -- | 15.35 | -- | 10.07 |
| October | -- | -- | 18.52 | -- |
| November | 14.06 | -- | -- | -- |
| December | -- | 11.22 | 17.74 | -- |
| January | 12.5 | -- | 13.82 | -- |
| February | -- | 14.68 | 16.5 | -- |
| March | -- | 17.77 | 17.29 | -- |
| April | -- | 14.55 | 12.22 | -- |
| May | -- | 13.43 | 12.17 | -- |
| June | -- | -- | 15.44 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €1,530 | €2,760 | €2,530 | €2,590 |
| August | €1,470 | €2,010 | €2,640 | €1,810 |
| September | €2,340 | €2,080 | €2,730 | €1,810 |
| October | €1,560 | €2,200 | €2,500 | €2,210 |
| November | €1,690 | €2,890 | €2,440 | €2,790 |
| December | €1,620 | €2,330 | €2,580 | €2,720 |
| January | €1,730 | €3,190 | €2,490 | €2,450 |
| February | €2,120 | €3,050 | €2,480 | €2,470 |
| March | €2,180 | €3,230 | €2,550 | €2,450 |
| April | €2,540 | €3,130 | €2,750 | €2,530 |
| May | €2,870 | €2,630 | €2,500 | €2,650 |
| June | €3,180 | €2,850 | €2,670 | €1,880 |
Investment Insights by Districts
All | 6.48 % | 47 | 1 | €210,000 | €1,300 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | 2 | -- | €192,450 | -- |
2 Bedrooms | -- % | 7 | -- | €185,000 | -- |
3 Bedrooms | 6.48 % | 29 | 1 | €240,000 | €1,300 |
4+ Bedrooms | -- % | 9 | -- | €195,000 | -- |
Summary and Key Takeaways
With a median rental yield of 6.48% and property prices starting at €185,000, Mejorada del Campo
may become a good investment option for some investors.
Median property prices in Mejorada del Campo are €210,000, while the median rent is €1,300. This means that a median property in Mejorada del Campo will pay for itself in 13.5 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: --% yield, sale price €192,450, rent --.
A median 2-bedroom apartment: --% yield, sale price €185,000, rent --.
A median 3-bedroom apartment: 6.48% yield, sale price €240,000, rent €1,300.
A median 4+ bedroom apartment: --% yield, sale price €195,000, rent --.
Where exactly to buy the property?