Mondariz-Balneario – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €150,000 |
| August | €150,000 |
| September | €150,000 |
| October | €150,000 |
| November | €155,000 |
| December | €139,000 |
| January | €135,500 |
| February | €139,000 |
| March | €150,000 |
| April | €150,000 |
| May | €151,750 |
| June | €150,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €1,050 |
| August | €700 |
| September | €780 |
| October | €780 |
| November | €790 |
| December | €790 |
| January | €750 |
| February | €690 |
| March | €650 |
| April | €750 |
| May | €750 |
| June | €750 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 8.4% |
| August | 6.7% |
| September | 6.25% |
| October | 5.65% |
| November | 5.42% |
| December | 6.39% |
| January | 5.99% |
| February | 6.39% |
| March | 5.97% |
| April | 6.21% |
| May | 5.78% |
| June | 6.7% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,110 |
| August | €2,080 |
| September | €2,080 |
| October | €2,080 |
| November | €2,040 |
| December | €1,580 |
| January | €1,540 |
| February | €1,580 |
| March | €1,700 |
| April | €1,700 |
| May | €1,720 |
| June | €1,700 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (20%) | 9 listings (20%) |
| 2 bedroom (70%) | 31 listings (70%) |
| 3 bedroom (9%) | 4 listings (9%) |
| 4+ bedroom (0%) | 0 listings (0%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 6.15% |
| 2 bedroom | 8.42% |
| 3 bedroom | 3.49% |
| 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 | 7.89% |
| 70-80 m² apartments | 5% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 3.85% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 6.48% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €2,500 |
| 2 bedroom | €1,580 |
| 3 bedroom | €2,500 |
| 4+ bedroom | €0 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 3620 |
| 50-60 m² apartments | 2400 |
| 60-70 m² apartments | 1470 |
| 70-80 m² apartments | 2140 |
| 80-90 m² apartments | 1430 |
| 90-100 m² apartments | 2520 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 2120 |
| 120-130 m² apartments | 1770 |
| 130-140 m² apartments | 1600 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 7 |
| 2 bedroom | 27 |
| 3 bedroom | 3 |
| 4+ bedroom | 0 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 4 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 5 |
| 80-90 m² apartments | 13 |
| 90-100 m² apartments | 5 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 4 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 2 |
| 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 | 0 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 2 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €147k | €150k | €275k |
| August | €148.5k | €150k | €275k |
| September | €148.5k | €150k | €275k |
| October | €147k | €160k | €275k |
| November | €147k | €180k | €275k |
| December | €133.5k | €139k | €275k |
| January | €110k | €139k | €302.5k |
| February | €105k | €139k | €280k |
| March | €105k | €150k | €275k |
| April | €105k | €150k | €275k |
| May | €120k | €150k | €275k |
| June | €120k | €139k | €275k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | -- | €1,050 | -- |
| August | -- | €1,100 | -- |
| September | -- | €780 | -- |
| October | €580 | €850 | €800 |
| November | €600 | €830 | €800 |
| December | -- | €790 | €800 |
| January | -- | €750 | €800 |
| February | €640 | €750 | €850 |
| March | €640 | €750 | €850 |
| April | €620 | €750 | €850 |
| May | €620 | €750 | €800 |
| June | €620 | €980 | €800 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | -- | 11.9 | -- |
| August | -- | 11.36 | -- |
| September | -- | 16.03 | -- |
| October | 21.3 | 15.69 | 28.65 |
| November | 20.42 | 18.18 | 28.65 |
| December | -- | 14.66 | 28.65 |
| January | -- | 15.44 | 31.51 |
| February | 13.67 | 15.44 | 27.45 |
| March | 13.67 | 16.67 | 26.96 |
| April | 14.23 | 16.67 | 26.96 |
| May | 16.26 | 16.67 | 28.65 |
| June | 16.26 | 11.88 | 28.65 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €2,630 | €1,880 | €2,620 |
| August | €2,650 | €1,880 | €2,500 |
| September | €2,650 | €1,810 | €2,500 |
| October | €2,630 | €1,930 | €2,500 |
| November | €2,630 | €2,140 | €2,500 |
| December | €2,210 | €1,580 | €2,500 |
| January | €2,000 | €1,580 | €2,980 |
| February | €2,040 | €1,580 | €2,730 |
| March | €2,040 | €1,700 | €2,720 |
| April | €1,940 | €1,700 | €2,500 |
| May | €2,500 | €1,700 | €2,500 |
| June | €2,500 | €1,580 | €2,500 |
Investment Insights by Districts
All | 6.7 % | 37 | 7 | €150,000 | €750 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | 6.15 % | 7 | 2 | €120,000 | €620 |
2 Bedrooms | 8.42 % | 27 | 4 | €139,000 | €980 |
3 Bedrooms | 3.49 % | 3 | 1 | €275,000 | €800 |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 6.7% and property prices starting at €120,000, Mondariz-Balneario
may become a good investment option for some investors.
Median property prices in Mondariz-Balneario are €150,000, while the median rent is €750. This means that a median property in Mondariz-Balneario will pay for itself in 16.7 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: 6.15% yield, sale price €120,000, rent €620.
A median 2-bedroom apartment: 8.42% yield, sale price €139,000, rent €980.
A median 3-bedroom apartment: 3.49% yield, sale price €275,000, rent €800.
A median 4+ bedroom apartment: --% yield, sale price --, rent --.
Where exactly to buy the property?