Soraluze/Placencia de las Armas – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €115,000 |
| August | €110,000 |
| September | €115,000 |
| October | €125,000 |
| November | €145,000 |
| December | €134,900 |
| January | €137,500 |
| February | €125,000 |
| March | €147,500 |
| April | €130,500 |
| May | €118,000 |
| June | €136,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | -- |
| August | -- |
| September | €700 |
| October | -- |
| November | -- |
| December | -- |
| January | €800 |
| February | €880 |
| March | €690 |
| April | €880 |
| May | €870 |
| June | €1,200 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | -- |
| August | -- |
| September | 8.57% |
| October | -- |
| November | -- |
| December | -- |
| January | 7.82% |
| February | 8.94% |
| March | 6.29% |
| April | 10.28% |
| May | 11.39% |
| June | 12.38% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €1,520 |
| August | €1,470 |
| September | €1,510 |
| October | €1,600 |
| November | €1,910 |
| December | €1,730 |
| January | €1,690 |
| February | €1,470 |
| March | €1,760 |
| April | €1,880 |
| May | €1,590 |
| June | €1,810 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (0%) | 0 listings (0%) |
| 1 bedroom (6%) | 1 listings (6%) |
| 2 bedroom (31%) | 5 listings (31%) |
| 3 bedroom (56%) | 9 listings (56%) |
| 4+ bedroom (6%) | 1 listings (6%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 0% |
| 3 bedroom | 9.6% |
| 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 | 15.16% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 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 | €2,160 |
| 2 bedroom | €970 |
| 3 bedroom | €1,820 |
| 4+ bedroom | €1,360 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2160 |
| 60-70 m² apartments | 1610 |
| 70-80 m² apartments | 1280 |
| 80-90 m² apartments | 1890 |
| 90-100 m² apartments | 2830 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 1360 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 1 |
| 2 bedroom | 5 |
| 3 bedroom | 8 |
| 4+ bedroom | 1 |
| 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 | 5 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 3 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 0 |
| 1 bedroom | 0 |
| 2 bedroom | 0 |
| 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 | 0 |
| 70-80 m² apartments | 1 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Potential annual revenue
3 bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €125k | €139.5k | €96.5k | €190k |
| August | €125k | €125.5k | €97k | €190k |
| September | €125k | €128k | €98.5k | €190k |
| October | €125k | €131.5k | €120k | -- |
| November | €125k | €150k | €137k | -- |
| December | €89.5k | €145k | €144.9k | -- |
| January | €89.5k | €100k | €172k | -- |
| February | €86.3k | €100k | €145k | -- |
| March | €125k | €136k | €189k | €120k |
| April | €125k | €136k | €150k | -- |
| May | €125k | €136k | €118k | -- |
| June | €125k | €71.7k | €150k | €150k |
Median Rent Price
| Month | 2 bedroom | 3 bedroom |
|---|---|---|
| September | -- | €800 |
| January | €850 | €930 |
| February | -- | €1,100 |
| March | -- | €780 |
| April | -- | €1,100 |
| May | -- | €1,100 |
| June | -- | €1,200 |
Years to profit (sale to rent ratio)
| Month | 2 bedroom | 3 bedroom |
|---|---|---|
| September | -- | 10.26 |
| January | 9.8 | 15.5 |
| February | -- | 10.98 |
| March | -- | 20.32 |
| April | -- | 11.36 |
| May | -- | 8.94 |
| June | -- | 10.42 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,020 | €1,940 | €1,260 | €1,730 |
| August | €2,020 | €1,830 | €1,260 | €1,730 |
| September | €2,020 | €1,860 | €1,270 | €1,730 |
| October | €2,020 | €1,840 | €1,450 | -- |
| November | €2,020 | €2,170 | €1,730 | -- |
| December | €2,110 | €2,120 | €1,770 | -- |
| January | €2,110 | €1,440 | €2,020 | -- |
| February | €1,570 | €1,440 | €1,610 | -- |
| March | €2,160 | €2,090 | €1,720 | €1,090 |
| April | €2,160 | €2,090 | €1,550 | -- |
| May | €2,160 | €2,090 | €1,420 | -- |
| June | €2,160 | €970 | €1,820 | €1,360 |
Investment Insights by Districts
All | 12.38 % | 15 | 1 | €136,000 | €1,200 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | 1 | -- | €125,000 | -- |
2 Bedrooms | -- % | 5 | -- | €71,690 | -- |
3 Bedrooms | 9.6 % | 8 | 1 | €150,000 | €1,200 |
4+ Bedrooms | -- % | 1 | -- | €150,000 | -- |
Summary and Key Takeaways
With a median rental yield of 12.38% and property prices starting at €71,690, Soraluze/Placencia de las Armas
remains one of Spain’s most attractive markets.
Median property prices in Soraluze/Placencia de las Armas are €136,000, while the median rent is €1,200. This means that a median property in Soraluze/Placencia de las Armas will pay for itself in 9.4 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent --.
A median 1-bedroom apartment: --% yield, sale price €125,000, rent --.
A median 2-bedroom apartment: --% yield, sale price €71,690, rent --.
A median 3-bedroom apartment: 9.60% yield, sale price €150,000, rent €1,200.
A median 4+ bedroom apartment: --% yield, sale price €150,000, rent --.
Where exactly to buy the property?