Playa de Farnals – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €237,000 |
| August | €236,500 |
| September | €244,000 |
| October | €236,500 |
| November | €228,000 |
| December | €235,000 |
| January | €240,000 |
| February | €240,000 |
| March | €230,000 |
| April | €230,000 |
| May | €236,500 |
| June | €249,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | -- |
| August | €1,050 |
| September | €930 |
| October | €950 |
| November | €950 |
| December | €990 |
| January | €1,070 |
| February | €990 |
| March | €1,150 |
| April | €1,200 |
| May | €1,200 |
| June | €1,500 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | -- |
| August | 5.63% |
| September | 5.19% |
| October | 5.19% |
| November | 5.2% |
| December | 4.85% |
| January | 5.19% |
| February | 5.45% |
| March | 6% |
| April | 5.97% |
| May | 5.9% |
| June | 6.31% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €2,590 |
| August | €2,660 |
| September | €2,850 |
| October | €2,780 |
| November | €3,210 |
| December | €3,360 |
| January | €3,040 |
| February | €3,080 |
| March | €2,950 |
| April | €3,290 |
| May | €3,280 |
| June | €2,930 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (3%) | 3 listings (3%) |
| 1 bedroom (21%) | 21 listings (21%) |
| 2 bedroom (36%) | 37 listings (36%) |
| 3 bedroom (33%) | 34 listings (33%) |
| 4+ bedroom (7%) | 7 listings (7%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 9.53% |
| 1 bedroom | 7.06% |
| 2 bedroom | 4.77% |
| 3 bedroom | 7.2% |
| 4+ bedroom | 4.66% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 6.69% |
| 50-60 m² apartments | 10.12% |
| 60-70 m² apartments | 7.54% |
| 70-80 m² apartments | 5.52% |
| 80-90 m² apartments | 5.4% |
| 90-100 m² apartments | 5.38% |
| 100-110 m² apartments | 9.51% |
| 110-120 m² apartments | 5.66% |
| 120-130 m² apartments | 3.2% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €3,320 |
| 1 bedroom | €3,300 |
| 2 bedroom | €3,830 |
| 3 bedroom | €2,550 |
| 4+ bedroom | €4,150 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 3810 |
| 50-60 m² apartments | 3460 |
| 60-70 m² apartments | 3360 |
| 70-80 m² apartments | 3380 |
| 80-90 m² apartments | 2880 |
| 90-100 m² apartments | 3250 |
| 100-110 m² apartments | 2500 |
| 110-120 m² apartments | 3030 |
| 120-130 m² apartments | 3630 |
| 130-140 m² apartments | 2140 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 2 |
| 1 bedroom | 6 |
| 2 bedroom | 10 |
| 3 bedroom | 17 |
| 4+ bedroom | 3 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 2 |
| 50-60 m² apartments | 4 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 7 |
| 80-90 m² apartments | 8 |
| 90-100 m² apartments | 4 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 4 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 1 |
| 1 bedroom | 15 |
| 2 bedroom | 27 |
| 3 bedroom | 17 |
| 4+ bedroom | 4 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 6 |
| 50-60 m² apartments | 8 |
| 60-70 m² apartments | 6 |
| 70-80 m² apartments | 15 |
| 80-90 m² apartments | 11 |
| 90-100 m² apartments | 4 |
| 100-110 m² apartments | 5 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 3 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
Studio
1 bedroom
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €139k | €210k | €277.5k | €320k |
| August | €152k | €235k | €280k | -- |
| September | €150k | €235k | €280k | -- |
| October | €144.5k | €235k | €280k | -- |
| November | €189.9k | €242k | €280k | -- |
| December | €185k | €235k | €280k | €547.5k |
| January | €185k | €250k | €259k | €495k |
| February | €185k | €250k | €269k | €400k |
| March | €179.9k | €250k | €280k | €495k |
| April | €179.9k | €272k | €254.5k | -- |
| May | €179.9k | €289k | €240k | €482.5k |
| June | €170k | €289.5k | €250k | €515k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| August | €850 | €1,000 | €1,280 | €1,300 |
| September | €850 | €900 | €1,130 | €1,390 |
| October | €850 | €950 | €1,100 | €1,230 |
| November | €830 | €1,000 | €1,100 | €950 |
| December | €850 | €1,000 | €1,000 | €950 |
| January | €850 | €1,100 | €1,100 | €950 |
| February | €780 | €1,090 | €1,250 | €950 |
| March | €850 | €1,100 | €1,300 | €1,850 |
| April | €900 | €1,100 | €1,300 | €1,080 |
| May | €900 | €1,100 | €1,400 | €2,000 |
| June | €1,000 | €1,150 | €1,500 | €2,000 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| August | 14.9 | 19.58 | 18.3 | -- |
| September | 14.71 | 21.76 | 20.74 | -- |
| October | 14.17 | 20.61 | 21.21 | -- |
| November | 19.18 | 20.17 | 21.21 | -- |
| December | 18.14 | 19.58 | 23.33 | 48.03 |
| January | 18.14 | 19.03 | 19.62 | 43.42 |
| February | 19.76 | 19.11 | 17.93 | 35.09 |
| March | 17.64 | 18.94 | 17.95 | 22.3 |
| April | 16.66 | 20.61 | 16.31 | -- |
| May | 16.66 | 21.89 | 14.29 | 20.14 |
| June | 14.17 | 20.98 | 13.89 | 21.46 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,530 | €2,440 | €2,850 | €3,110 |
| August | €2,810 | €2,760 | €2,830 | -- |
| September | €2,730 | €2,800 | €2,810 | -- |
| October | €2,680 | €2,800 | €2,830 | -- |
| November | €3,010 | €3,030 | €2,800 | -- |
| December | €2,940 | €3,360 | €2,830 | €3,380 |
| January | €2,940 | €3,570 | €2,620 | €3,990 |
| February | €2,940 | €3,570 | €2,690 | €2,550 |
| March | €2,860 | €3,160 | €2,800 | €2,810 |
| April | €2,860 | €3,340 | €2,550 | -- |
| May | €2,860 | €3,610 | €2,400 | €3,220 |
| June | €3,300 | €3,830 | €2,550 | €4,150 |
Investment Insights by Districts
All | 6.31 % | 38 | 64 | €249,000 | €1,500 |
Studio | 9.53 % | 2 | 1 | €182,500 | €1,450 |
1 Bedroom | 7.06 % | 6 | 15 | €170,000 | €1,000 |
2 Bedrooms | 4.77 % | 10 | 27 | €289,500 | €1,150 |
3 Bedrooms | 7.2 % | 17 | 17 | €250,000 | €1,500 |
4+ Bedrooms | 4.66 % | 3 | 4 | €515,000 | €2,000 |
Summary and Key Takeaways
With a median rental yield of 6.31% and property prices starting at €170,000, Playa de Farnals
may become a good investment option for some investors.
Median property prices in Playa de Farnals are €249,000, while the median rent is €1,500. This means that a median property in Playa de Farnals will pay for itself in 13.8 years.
Detailed real estate yield breakdown:
A median Studio apartment: 9.53% yield, sale price €182,500, rent €1,450.
A median 1-bedroom apartment: 7.06% yield, sale price €170,000, rent €1,000.
A median 2-bedroom apartment: 4.77% yield, sale price €289,500, rent €1,150.
A median 3-bedroom apartment: 7.20% yield, sale price €250,000, rent €1,500.
A median 4+ bedroom apartment: 4.66% yield, sale price €515,000, rent €2,000.
Where exactly to buy the property?