During 2022, the average return on buying a flat to rent reached 6.5% in the main cities of Madrid and Barcelona.
At Homesearch Barcelona we explain which are the most profitable neighborhoods in Barcelona.
Nou Barris is the district of the Catalan capital that achieved a rate of return of 6.5% followed closely by Sans Montjuïc with 6.3%, San Martí with 6.2% and Horta Guinardó with 6%. Sant Andreu and Ciutat Vella have a profitability of 5.7% and 5.6% respectively.
As can be seen from this information, housing continues to be one of the best assets to invest in, and despite the fact that Madrid and Barcelona have a lower return than the Spanish average, 4.8% and 5.4% respectively, there are neighborhoods where the return on investment are usually above this average.
This means that investing in Barcelona and specifically in these neighborhoods may be the best way to obtain high returns, especially considering that these are areas with high demand, which will guarantee great dynamism in the real estate market.
However, the profitability of a home to invest always depends on some factors such as the location of the property itself, as well as the purchase price together with the purchase and sale expenses, including taxes, and of course the demand for rent in the area and the costs of maintaining the property.
Therefore, it is essential to carry out a detailed analysis of the investment and consider the different scenarios before making a decision. However, in order to be successful when investing in a property to rent, it is always advisable to use professional help in the sector.
