Vilagarcía de Arousa – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| July | €170,000 |
| August | €160,000 |
| September | €169,500 |
| October | €180,590 |
| November | €180,000 |
| December | €190,000 |
| January | €195,000 |
| February | €195,000 |
| March | €240,660 |
| April | €239,320 |
| May | €240,000 |
| June | €237,840 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| July | €700 |
| August | €700 |
| September | €670 |
| October | €700 |
| November | €690 |
| December | €700 |
| January | €700 |
| February | €700 |
| March | €730 |
| April | €800 |
| May | €780 |
| June | €800 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| July | 5.69% |
| August | 5.51% |
| September | 5.18% |
| October | 4.92% |
| November | 5.02% |
| December | 4.63% |
| January | 4.64% |
| February | 4.76% |
| March | 4.12% |
| April | 4.3% |
| May | 4.7% |
| June | 5.05% |
Square meter cost
| Month | Square meter cost |
|---|---|
| July | €1,620 |
| August | €1,480 |
| September | €1,610 |
| October | €1,680 |
| November | €1,660 |
| December | €1,730 |
| January | €1,770 |
| February | €1,810 |
| March | €2,280 |
| April | €2,260 |
| May | €2,290 |
| June | €2,270 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (1%) | 2 listings (1%) |
| 1 bedroom (6%) | 11 listings (6%) |
| 2 bedroom (32%) | 63 listings (32%) |
| 3 bedroom (44%) | 85 listings (44%) |
| 4+ bedroom (17%) | 34 listings (17%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 18.75% |
| 1 bedroom | 3.83% |
| 2 bedroom | 3.53% |
| 3 bedroom | 5.1% |
| 4+ bedroom | 4.17% |
| 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 | 11.65% |
| 70-80 m² apartments | 4.92% |
| 80-90 m² apartments | 4.2% |
| 90-100 m² apartments | 3.8% |
| 100-110 m² apartments | 3.46% |
| 110-120 m² apartments | 7.58% |
| 120-130 m² apartments | 5.57% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €980 |
| 1 bedroom | €2,800 |
| 2 bedroom | €2,900 |
| 3 bedroom | €2,290 |
| 4+ bedroom | €1,600 |
| 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 | 2580 |
| 70-80 m² apartments | 3130 |
| 80-90 m² apartments | 2440 |
| 90-100 m² apartments | 2520 |
| 100-110 m² apartments | 2310 |
| 110-120 m² apartments | 1750 |
| 120-130 m² apartments | 1500 |
| 130-140 m² apartments | 2420 |
| 140-150 m² apartments | 1890 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 1 |
| 1 bedroom | 9 |
| 2 bedroom | 56 |
| 3 bedroom | 81 |
| 4+ bedroom | 33 |
| 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 | 13 |
| 70-80 m² apartments | 20 |
| 80-90 m² apartments | 23 |
| 90-100 m² apartments | 18 |
| 100-110 m² apartments | 36 |
| 110-120 m² apartments | 9 |
| 120-130 m² apartments | 18 |
| 130-140 m² apartments | 9 |
| 140-150 m² apartments | 12 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 1 |
| 1 bedroom | 2 |
| 2 bedroom | 7 |
| 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 | 1 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 3 |
| 90-100 m² apartments | 4 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 1 |
| 120-130 m² apartments | 1 |
| 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 | €125k | €165k | €175k | €135k |
| August | €125k | €177.5k | €170k | €120k |
| September | €153.9k | €180k | €170k | €135k |
| October | €191.5k | €180k | €183.5k | €177.5k |
| November | €181.2k | €165k | €182.5k | €165k |
| December | €176.2k | €180k | €213.5k | €190k |
| January | €171.2k | €180k | €220k | €189k |
| February | €176.2k | €180k | €222k | €189k |
| March | €198k | €235.1k | €249k | €257k |
| April | €190.7k | €240k | €239k | €285k |
| May | €181.2k | €240k | €245k | €272.5k |
| June | €195.7k | €237.8k | €247k | €230k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €700 | €700 | €680 | €2,500 |
| August | €550 | €690 | €780 | €2,500 |
| September | €560 | €650 | €800 | -- |
| October | €520 | €690 | €750 | €800 |
| November | €680 | €660 | €700 | €1,300 |
| December | €750 | €700 | €730 | €750 |
| January | €680 | €680 | €780 | €750 |
| February | €700 | €700 | €800 | -- |
| March | €750 | €700 | €810 | -- |
| April | €730 | €700 | €870 | €800 |
| May | €730 | €880 | €780 | €800 |
| June | €630 | €700 | €1,050 | €800 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | 14.88 | 19.64 | 21.6 | 4.5 |
| August | 18.94 | 21.59 | 18.28 | 4 |
| September | 23.11 | 23.08 | 17.71 | -- |
| October | 30.99 | 21.82 | 20.39 | 18.49 |
| November | 22.37 | 20.83 | 21.73 | 10.58 |
| December | 19.58 | 21.43 | 24.37 | 21.11 |
| January | 21.13 | 22.22 | 23.66 | 21 |
| February | 20.97 | 21.43 | 23.13 | -- |
| March | 22 | 27.99 | 25.62 | -- |
| April | 21.92 | 28.57 | 22.89 | 29.69 |
| May | 20.82 | 22.86 | 26.34 | 28.39 |
| June | 26.09 | 28.31 | 19.6 | 23.96 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| July | €2,080 | €1,960 | €1,620 | €1,160 |
| August | €2,080 | €2,110 | €1,550 | €1,030 |
| September | €2,210 | €2,140 | €1,550 | €1,180 |
| October | €2,550 | €2,140 | €1,670 | €1,440 |
| November | €2,590 | €2,080 | €1,660 | €1,350 |
| December | €2,500 | €2,220 | €1,930 | €1,520 |
| January | €2,450 | €2,050 | €2,000 | €1,480 |
| February | €2,520 | €2,050 | €2,040 | €1,480 |
| March | €2,870 | €2,870 | €2,260 | €1,840 |
| April | €2,610 | €2,930 | €2,210 | €1,980 |
| May | €2,550 | €2,960 | €2,270 | €1,890 |
| June | €2,800 | €2,900 | €2,290 | €1,600 |
Investment Insights by Districts
All | 5.05 % | 180 | 15 | €237,840 | €800 |
Studio | 18.75 % | 1 | 1 | €80,000 | €1,250 |
1 Bedroom | 3.83 % | 9 | 2 | €195,670 | €630 |
2 Bedrooms | 3.53 % | 56 | 7 | €237,840 | €700 |
3 Bedrooms | 5.1 % | 81 | 4 | €247,000 | €1,050 |
4+ Bedrooms | 4.17 % | 33 | 1 | €230,000 | €800 |
Summary and Key Takeaways
With a median rental yield of 5.05% and property prices starting at €80,000, Vilagarcía de Arousa
may become a good investment option for some investors.
Median property prices in Vilagarcía de Arousa are €237,840, while the median rent is €800. This means that a median property in Vilagarcía de Arousa will pay for itself in 24.8 years.
Detailed real estate yield breakdown:
A median Studio apartment: 18.75% yield, sale price €80,000, rent €1,250.
A median 1-bedroom apartment: 3.83% yield, sale price €195,670, rent €630.
A median 2-bedroom apartment: 3.53% yield, sale price €237,840, rent €700.
A median 3-bedroom apartment: 5.10% yield, sale price €247,000, rent €1,050.
A median 4+ bedroom apartment: 4.17% yield, sale price €230,000, rent €800.
Where exactly to buy the property?