The landlord of an apartment located in Madrid or Barcelona can make as much as 8000 EURO a month by renting his property to tourists and I believe that, I remember I wanted to rent a very small flat in Barcelona near La Ramblas, it was 1330 EURO…I don’t understand these prices they are depressing.

A property of standard quality can bring a yearly profitability of 5% , this is higher return than the average 2% you can get by normal rent.

Many people entered this market during the last few years and the market will probably continue to grow, each time, I go to Barcelona I cantt see to find a room in a hotel…..If you have a flat in the center of Madrid or Barcelona you can get between 80 – 100 EURO a night.
If you wish to invest in that market it will be good to have the transaction made by a registered company that can handle insurances, keys, guarantee.


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