Priego de Córdoba – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €85,000 |
| August | €85,000 |
| September | €85,000 |
| October | €84,900 |
| November | €85,000 |
| December | €88,000 |
| January | €85,100 |
| February | €86,000 |
| March | €88,000 |
| April | €86,500 |
| May | €86,500 |
| June | €88,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €450 |
| August | €440 |
| September | €400 |
| October | €400 |
| November | €440 |
| December | €440 |
| January | €450 |
| February | €450 |
| March | €460 |
| April | €460 |
| May | €480 |
| June | €430 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 6.74% |
| August | 6.61% |
| September | 5.87% |
| October | 6.03% |
| November | 6.13% |
| December | 5.93% |
| January | 6.29% |
| February | 6.52% |
| March | 6.31% |
| April | 6.67% |
| May | 7.74% |
| June | 6.77% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €880 |
| August | €870 |
| September | €870 |
| October | €870 |
| November | €870 |
| December | €900 |
| January | €870 |
| February | €890 |
| March | €900 |
| April | €880 |
| May | €880 |
| June | €900 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (6%) | 5 listings (6%) |
| 2 bedroom (9%) | 8 listings (9%) |
| 3 bedroom (76%) | 65 listings (76%) |
| 4+ bedroom (9%) | 8 listings (9%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 7.75% |
| 2 bedroom | 6.03% |
| 3 bedroom | 6% |
| 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 | 7.83% |
| 80-90 m² apartments | 6.25% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 6.11% |
| 110-120 m² apartments | 5.22% |
| 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 | €1,130 |
| 2 bedroom | €990 |
| 3 bedroom | €900 |
| 4+ bedroom | €1,130 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 800 |
| 60-70 m² apartments | 1200 |
| 70-80 m² apartments | 970 |
| 80-90 m² apartments | 910 |
| 90-100 m² apartments | 1060 |
| 100-110 m² apartments | 750 |
| 110-120 m² apartments | 1000 |
| 120-130 m² apartments | 930 |
| 130-140 m² apartments | 600 |
| 140-150 m² apartments | 1140 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 2 |
| 2 bedroom | 7 |
| 3 bedroom | 63 |
| 4+ bedroom | 8 |
| 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 | 4 |
| 80-90 m² apartments | 13 |
| 90-100 m² apartments | 26 |
| 100-110 m² apartments | 11 |
| 110-120 m² apartments | 8 |
| 120-130 m² apartments | 6 |
| 130-140 m² apartments | 3 |
| 140-150 m² apartments | 2 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 3 |
| 2 bedroom | 1 |
| 3 bedroom | 2 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 2 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 1 |
| 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
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €65k | €74k | €90k | €82k |
| August | €65k | €74k | €89.5k | €83.5k |
| September | €65k | €84.7k | €89k | €83.5k |
| October | €65k | €82.5k | €83.5k | €90k |
| November | €65k | €89.5k | €85k | €95k |
| December | €57.5k | €87.3k | €86k | €96.5k |
| January | €50k | €79.9k | €85.5k | €98k |
| February | €45k | €87.3k | €86k | €98k |
| March | €40k | €87.3k | €88k | €105k |
| April | €40k | €87.3k | €86.5k | €125k |
| May | €40k | €78k | €88k | €100k |
| June | €62.0k | €89.5k | €88k | €130k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €460 | €380 | -- | -- |
| August | €460 | €450 | €420 | -- |
| September | -- | €380 | €430 | -- |
| October | -- | €400 | €410 | -- |
| November | €480 | €450 | €410 | -- |
| December | -- | €450 | €430 | €440 |
| January | -- | €500 | €450 | €440 |
| February | -- | €500 | €380 | -- |
| March | -- | €460 | €420 | -- |
| April | -- | €550 | €420 | -- |
| May | €490 | €480 | €470 | -- |
| June | €400 | €450 | €440 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 11.78 | 16.23 | -- | -- |
| August | 11.78 | 13.7 | 17.97 | -- |
| September | -- | 18.57 | 17.25 | -- |
| October | -- | 17.39 | 17.17 | -- |
| November | 11.28 | 16.57 | 17.49 | -- |
| December | -- | 16.16 | 16.67 | 18.28 |
| January | -- | 13.32 | 15.84 | 18.56 |
| February | -- | 14.54 | 18.86 | -- |
| March | -- | 15.81 | 17.46 | -- |
| April | -- | 13.22 | 17.16 | -- |
| May | 6.8 | 13.68 | 15.77 | -- |
| June | 12.91 | 16.57 | 16.67 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €1,180 | €1,010 | €920 | €720 |
| August | €1,080 | €930 | €910 | €750 |
| September | €1,080 | €1,050 | €910 | €750 |
| October | €1,080 | €1,010 | €850 | €770 |
| November | €1,080 | €1,080 | €870 | €810 |
| December | €1,050 | €1,070 | €880 | €820 |
| January | €1,000 | €960 | €870 | €830 |
| February | €780 | €1,030 | €910 | €830 |
| March | €800 | €990 | €900 | €880 |
| April | €800 | €1,030 | €880 | €1,060 |
| May | €800 | €900 | €900 | €850 |
| June | €1,130 | €990 | €900 | €1,130 |
Investment Insights by Districts
All | 6.77 % | 80 | 6 | €88,000 | €430 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | 7.75 % | 2 | 3 | €61,950 | €400 |
2 Bedrooms | 6.03 % | 7 | 1 | €89,500 | €450 |
3 Bedrooms | 6 % | 63 | 2 | €88,000 | €440 |
4+ Bedrooms | -- % | 8 | -- | €130,000 | -- |
Summary and Key Takeaways
With a median rental yield of 6.77% and property prices starting at €61,950, Priego de Córdoba
may become a good investment option for some investors.
Median property prices in Priego de Córdoba are €88,000, while the median rent is €430. This means that a median property in Priego de Córdoba will pay for itself in 17.1 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: 7.75% yield, sale price €61,950, rent €400.
A median 2-bedroom apartment: 6.03% yield, sale price €89,500, rent €450.
A median 3-bedroom apartment: 6.00% yield, sale price €88,000, rent €440.
A median 4+ bedroom apartment: --% yield, sale price €130,000, rent --.
Where exactly to buy the property?