Santa Cruz de Bezana – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €284,000 |
| August | €269,000 |
| September | €278,020 |
| October | €283,000 |
| November | €283,000 |
| December | €280,000 |
| January | €280,000 |
| February | €271,850 |
| March | €263,300 |
| April | €268,000 |
| May | €263,150 |
| June | €268,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €800 |
| August | €920 |
| September | €840 |
| October | €900 |
| November | €800 |
| December | €820 |
| January | €900 |
| February | €900 |
| March | €900 |
| April | €930 |
| May | €900 |
| June | €900 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.02% |
| August | 5.41% |
| September | 4.13% |
| October | 4.95% |
| November | 4.46% |
| December | 4.49% |
| January | 4.99% |
| February | 4.95% |
| March | 6.2% |
| April | 6.53% |
| May | 6.75% |
| June | 4.36% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €3,090 |
| August | €3,130 |
| September | €3,120 |
| October | €3,140 |
| November | €3,040 |
| December | €3,110 |
| January | €3,110 |
| February | €3,050 |
| March | €2,930 |
| April | €2,950 |
| May | €2,920 |
| June | €2,980 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (4%) | 2 listings (4%) |
| 1 bedroom (5%) | 3 listings (5%) |
| 2 bedroom (36%) | 20 listings (36%) |
| 3 bedroom (44%) | 24 listings (44%) |
| 4+ bedroom (11%) | 6 listings (11%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 3.86% |
| 3 bedroom | 6.04% |
| 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 | 5.28% |
| 80-90 m² apartments | 4.28% |
| 90-100 m² apartments | 3.8% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 3.93% |
| 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 | €0 |
| 2 bedroom | €3,540 |
| 3 bedroom | €2,870 |
| 4+ bedroom | €2,120 |
| Category | Square meter cost |
|---|---|
| < 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 | 3270 |
| 80-90 m² apartments | 3020 |
| 90-100 m² apartments | 3050 |
| 100-110 m² apartments | 2900 |
| 110-120 m² apartments | 3610 |
| 120-130 m² apartments | 2570 |
| 130-140 m² apartments | 1850 |
| 140-150 m² apartments | 1820 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 13 |
| 3 bedroom | 22 |
| 4+ bedroom | 6 |
| Category | Number of listings for sale |
|---|---|
| < 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 | 8 |
| 80-90 m² apartments | 10 |
| 90-100 m² apartments | 9 |
| 100-110 m² apartments | 4 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 2 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 2 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 2 |
| 1 bedroom | 3 |
| 2 bedroom | 7 |
| 3 bedroom | 2 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 2 |
| 50-60 m² apartments | 3 |
| 60-70 m² apartments | 1 |
| 70-80 m² apartments | 2 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
Studio
1 bedroom
2 bedroom
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €122k | €251.5k | €325k | €292.6k |
| August | €122k | €250k | €325k | €292.6k |
| September | €132.5k | €247k | €317.5k | €278.0k |
| October | €132.5k | €250k | €290k | €277.7k |
| November | €122k | €250k | €287.5k | €277.7k |
| December | €122k | €280k | €283k | €263.7k |
| January | €122k | €265k | €287k | €263.7k |
| February | €122k | €260k | €287.5k | €263.7k |
| March | €122k | €280k | €280k | €263.3k |
| April | €102.1k | €280k | €283.5k | €263k |
| May | €102.1k | €275k | €280k | €263.1k |
| June | -- | €280k | €268k | €263.1k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | €640 | €800 | €1,100 |
| August | €850 | €890 | €1,190 |
| September | €680 | €840 | €920 |
| October | €750 | €850 | €950 |
| November | €700 | €850 | €850 |
| December | €700 | €850 | €1,100 |
| January | €700 | €900 | €1,100 |
| February | €800 | €900 | €1,030 |
| March | €900 | €860 | €1,000 |
| April | €900 | €940 | €1,000 |
| May | €900 | €900 | €1,500 |
| June | €1,100 | €900 | €1,350 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom |
|---|---|---|---|
| July | 15.95 | 26.2 | 24.62 |
| August | 11.96 | 23.54 | 22.76 |
| September | 16.36 | 24.58 | 28.76 |
| October | 14.72 | 24.51 | 25.44 |
| November | 14.52 | 24.51 | 28.19 |
| December | 14.52 | 27.45 | 21.44 |
| January | 14.52 | 24.54 | 21.74 |
| February | 12.71 | 24.07 | 23.37 |
| March | 11.3 | 27.13 | 23.33 |
| April | 9.45 | 24.96 | 23.63 |
| May | 9.45 | 25.46 | 15.56 |
| June | -- | 25.93 | 16.54 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €1,940 | €3,180 | €3,420 | €3,200 |
| August | €1,940 | €3,160 | €3,420 | €2,440 |
| September | €2,250 | €3,110 | €3,310 | €2,320 |
| October | €2,250 | €3,160 | €3,050 | €2,200 |
| November | €1,940 | €3,160 | €3,030 | €2,200 |
| December | €1,940 | €3,540 | €3,080 | €2,200 |
| January | €1,940 | €3,380 | €3,020 | €2,200 |
| February | €1,940 | €3,290 | €3,070 | €2,590 |
| March | €1,940 | €3,460 | €3,110 | €2,580 |
| April | €1,620 | €3,540 | €3,030 | €2,580 |
| May | €1,620 | €3,480 | €3,040 | €2,120 |
| June | -- | €3,540 | €2,870 | €2,120 |
Investment Insights by Districts
All | 4.36 % | 41 | 14 | €268,000 | €900 |
Studio | -- % | -- | 2 | -- | €880 |
1 Bedroom | -- % | -- | 3 | -- | €1,100 |
2 Bedrooms | 3.86 % | 13 | 7 | €280,000 | €900 |
3 Bedrooms | 6.04 % | 22 | 2 | €268,000 | €1,350 |
4+ Bedrooms | -- % | 6 | -- | €263,050 | -- |
Summary and Key Takeaways
With a median rental yield of 4.36% and property prices starting at €263,050, Santa Cruz de Bezana
may become a good investment option for some investors.
Median property prices in Santa Cruz de Bezana are €268,000, while the median rent is €900. This means that a median property in Santa Cruz de Bezana will pay for itself in 24.8 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €880.
A median 1-bedroom apartment: --% yield, sale price --, rent €1,100.
A median 2-bedroom apartment: 3.86% yield, sale price €280,000, rent €900.
A median 3-bedroom apartment: 6.04% yield, sale price €268,000, rent €1,350.
A median 4+ bedroom apartment: --% yield, sale price €263,050, rent --.
Where exactly to buy the property?