Sant Joan Despí – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €334,000 |
| August | €315,000 |
| September | €332,000 |
| October | €332,000 |
| November | €377,250 |
| December | €515,000 |
| January | €439,160 |
| February | €432,450 |
| March | €350,460 |
| April | €329,000 |
| May | €320,000 |
| June | €485,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €1,780 |
| August | €1,720 |
| September | €2,000 |
| October | €1,900 |
| November | €1,440 |
| December | €1,450 |
| January | €1,700 |
| February | €1,840 |
| March | €1,880 |
| April | €1,790 |
| May | €1,790 |
| June | €1,600 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.44% |
| August | 5.85% |
| September | 6.27% |
| October | 5.42% |
| November | 4.65% |
| December | 5.16% |
| January | 4.74% |
| February | 5.14% |
| March | 5.98% |
| April | 6.49% |
| May | 6.38% |
| June | 5.56% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €3,800 |
| August | €3,840 |
| September | €4,050 |
| October | €3,860 |
| November | €4,120 |
| December | €5,070 |
| January | €4,370 |
| February | €4,370 |
| March | €3,730 |
| April | €3,500 |
| May | €3,460 |
| June | €4,900 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (2%) | 3 listings (2%) |
| 1 bedroom (2%) | 2 listings (2%) |
| 2 bedroom (18%) | 22 listings (18%) |
| 3 bedroom (57%) | 69 listings (57%) |
| 4+ bedroom (21%) | 25 listings (21%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 6.99% |
| 3 bedroom | 4.2% |
| 4+ bedroom | 2.67% |
| 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 | 7.5% |
| 80-90 m² apartments | 7.67% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 2.45% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €3,000 |
| 1 bedroom | €3,560 |
| 2 bedroom | €3,950 |
| 3 bedroom | €5,040 |
| 4+ bedroom | €5,390 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 5410 |
| 40-50 m² apartments | 3230 |
| 50-60 m² apartments | 3700 |
| 60-70 m² apartments | 3890 |
| 70-80 m² apartments | 3140 |
| 80-90 m² apartments | 3290 |
| 90-100 m² apartments | 5390 |
| 100-110 m² apartments | 5120 |
| 110-120 m² apartments | 5040 |
| 120-130 m² apartments | 4590 |
| 130-140 m² apartments | 4340 |
| 140-150 m² apartments | 4270 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 3 |
| 1 bedroom | 2 |
| 2 bedroom | 21 |
| 3 bedroom | 65 |
| 4+ bedroom | 24 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 3 |
| 50-60 m² apartments | 10 |
| 60-70 m² apartments | 15 |
| 70-80 m² apartments | 9 |
| 80-90 m² apartments | 6 |
| 90-100 m² apartments | 16 |
| 100-110 m² apartments | 18 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 9 |
| 130-140 m² apartments | 10 |
| 140-150 m² apartments | 5 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 1 |
| 3 bedroom | 4 |
| 4+ bedroom | 1 |
| 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 | 3 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 1 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €307.5k | €332k | €400k | €313k |
| August | €404k | €212k | €427k | €444.3k |
| September | €385.5k | €212k | €450k | €550k |
| October | €385.5k | €238.2k | €427k | €583.3k |
| November | €385.5k | €259k | €475.7k | €585k |
| December | €292.3k | €269k | €549k | €565k |
| January | €274.7k | €287.5k | €549k | €549k |
| February | €274.7k | €295k | €528.1k | €546k |
| March | €318.6k | €292.5k | €400k | €539k |
| April | €267.1k | €281k | €352.5k | €539k |
| May | €183.7k | €282k | €304k | €539k |
| June | €218.7k | €249k | €509k | €539k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | €1,390 | €1,870 | -- |
| August | -- | €1,720 | €1,500 | -- |
| September | -- | €1,900 | €2,000 | -- |
| October | -- | -- | €1,900 | -- |
| November | €1,200 | €1,600 | €1,670 | €1,440 |
| December | -- | €1,400 | €1,650 | -- |
| January | -- | -- | €1,700 | -- |
| February | -- | €1,790 | €1,900 | €1,750 |
| March | -- | -- | €1,880 | -- |
| April | €950 | €1,600 | €1,840 | -- |
| May | -- | -- | €1,800 | €1,200 |
| June | -- | €1,450 | €1,780 | €1,200 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | -- | 19.9 | 17.84 | -- |
| August | -- | 10.26 | 23.72 | -- |
| September | -- | 9.32 | 18.75 | -- |
| October | -- | -- | 18.73 | -- |
| November | 26.77 | 13.49 | 23.78 | 33.89 |
| December | -- | 16.01 | 27.81 | -- |
| January | -- | -- | 26.99 | -- |
| February | -- | 13.73 | 23.13 | 26 |
| March | -- | -- | 17.78 | -- |
| April | 23.4 | 14.64 | 16.01 | -- |
| May | -- | -- | 14.07 | 37.43 |
| June | -- | 14.31 | 23.83 | 37.43 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €3,660 | €5,110 | €4,260 | €2,700 |
| August | €5,530 | €3,260 | €4,970 | €3,540 |
| September | €5,280 | €3,260 | €4,790 | €4,580 |
| October | €5,280 | €3,660 | €4,360 | €4,960 |
| November | €4,640 | €3,980 | €4,660 | €3,980 |
| December | €3,750 | €3,960 | €4,990 | €4,450 |
| January | €3,520 | €3,970 | €5,130 | €4,480 |
| February | €3,520 | €3,640 | €5,180 | €4,960 |
| March | €4,360 | €3,820 | €4,350 | €3,930 |
| April | €3,180 | €4,290 | €3,790 | €4,650 |
| May | €2,520 | €4,370 | €3,580 | €4,990 |
| June | €3,560 | €3,950 | €5,040 | €5,390 |
Investment Insights by Districts
All | 5.56 % | 115 | 6 | €485,000 | €1,600 |
Studio | -- % | 3 | -- | €180,000 | -- |
1 Bedroom | -- % | 2 | -- | €218,740 | -- |
2 Bedrooms | 6.99 % | 21 | 1 | €249,000 | €1,450 |
3 Bedrooms | 4.2 % | 65 | 4 | €509,000 | €1,780 |
4+ Bedrooms | 2.67 % | 24 | 1 | €539,000 | €1,200 |
Summary and Key Takeaways
With a median rental yield of 5.56% and property prices starting at €180,000, Sant Joan Despí
may become a good investment option for some investors.
Median property prices in Sant Joan Despí are €485,000, while the median rent is €1,600. This means that a median property in Sant Joan Despí will pay for itself in 25.3 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price €180,000, rent --.
A median 1-bedroom apartment: --% yield, sale price €218,740, rent --.
A median 2-bedroom apartment: 6.99% yield, sale price €249,000, rent €1,450.
A median 3-bedroom apartment: 4.20% yield, sale price €509,000, rent €1,780.
A median 4+ bedroom apartment: 2.67% yield, sale price €539,000, rent €1,200.
Where exactly to buy the property?