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Buying to Let: Is It As Profitable As It Was Before Covid?

The gross yield on housing in Spain has fallen to 6.6%, values not seen since the beginning of 2017, although opportunities still exist to earn more than 8% in some provinces, according to data from Brainsre.

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Investing in housing has always been an attractive and good option for investors in the Spanish market, due to the population’s predisposition for buying versus renting, in general, and the high volume of tourists.

In addition, the residential market has been one of the least affected within the real estate sector by the Covid-19 pandemic. Specifically, the rental market has positioned itself as one of the safe-haven assets, something that has been reflected in the rise of build-to-rent projects and in the large number of initiatives underway.

Read the full article in Spanish.

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