Whether you have a rented apartment or want to put one up for rent, knowing the percentage of profitability it offers you is the minimum to know if the investment is worth it or not.
Nowadays, both small and large investors are using tools to calculate the return for renting your apartment in question in exchange for monthly rents.
For the calculation, you only have to have on hand the purchase and sale value of the apartment, the periodic expenses (IBI, community) and, of course, the price you would ask for the rental. You can play as much as you want with these variables to adjust the profitability as you wish.
Banks' fixed-term deposits right now do not yield much more than 3%. Taking this into account, a return higher than that will be interesting.
The portfolio of apartments that Housfy manages in large cities, such as Barcelona or Madrid, ranges between 4% and 8%, while in second cities they can easily exceed 10%.
If you want to maximize your profitability, platforms like Housfy Rental offer guaranteed rent collection services that allow you to collect on time, even when the tenant does not pay or is late.
If your property is located in a stressed residential market area, you must take into account the measures applied in these contracts.
The current rents remain intact, and also the rents of small holders that are renewed. Then, you should only take into account the rental price reference index if the apartment has not been rented for the last five years or if you are a large renter.
If you are about to rent an apartment in Barcelona and the new law raises your doubts, contact a real estate advisor who will manage the entire process for you.
