Today we would like to present the five most profitable cities to invest in real estate in Spain, together with their main characteristics and average gross profitability figures:
1. Valencia
Valencia is a city on the east coast of Spain, known for its pleasant climate and relaxed lifestyle.
Named as the best city in the world to live in.
It offers a unique combination of tourist attractions, quality of life and affordable housing prices.
The average gross yield in Valencia is 6.1%.
The city has experienced a surge in demand for housing due to its popularity with tourists and foreign retirees.
2. Barcelona
Barcelona is a cosmopolitan city and one of the most popular tourist destinations in Europe.
It has a high demand for housing both for long-term and holiday rentals.
The average gross yield in Barcelona is 5.3%.
The real estate market in Barcelona has experienced significant growth in recent years.
3. Madrid
Madrid is the capital of Spain and one of the country's main financial centres.
It offers ample demand for housing due to its high population and tourist attraction.
The average gross yield in Madrid is 5.5%.
House prices have been rising steadily in recent years.
4. Malaga
Malaga is a coastal city in the Andalusia region, known for its beaches and sunny climate.
It has experienced significant growth in recent years and has become an important tourist destination.
The average gross yield in Malaga is 5.8%.
The city has a strong demand for holiday rental properties due to its tourist attraction.
5. Seville
Seville is the capital of the Andalusia region and one of the most visited cities in Spain.
It offers a rich history, culture and architecture, making it a popular destination for tourists and students alike.
The average gross yield in Seville is 5.6%.
The city has experienced a growth in demand for housing due to its tourist attraction and growing service sector.