Despite its high price, investing in housing There is still one in the province of Alicante good job. At least if the aim is to make the property profitable in the rental market, annual profits can be achieved several times higher than those offered by banks. deposit or the money paid by the State Treasury letters.
According to the report, especially Housing profitability in Spain 2023During this period, whoever decides to buy and rent a house in the province, Earn annual returns equivalent to 6.5% of the invested amount. One tenth less than last year, which shows that purchase prices have increased rose slightly faster than rentals – specifically 13.2% compared to 11.6% – but despite this, Alicante remains slightly above the national average of 6.4%.
About, Valencia According to the portal’s calculations, it continues to be the district with the highest profitability at 9.5%; followed by toledowith 8.6%; Huelvawith 8.2% and segoviawith 8.1%. On the contrary, Malagawith only 5.1% annual profit; Balearic Islandswith 5.3%; And MadridThe provinces where this option was least attractive were the least preferred with 5.5%, as housing prices are high and make the return on investment difficult.
Municipalities
The same differences also occur between different municipalities of the province. Therefore, the most profitable areas are not the places where the rent is high, but the places where the rent is high. better relationship between rental and initial outlay necessary. In this way, of the ten towns in Alicante analyzed by the Fotocasa study, the most profitable for potential investors is Alcoy; 7.6%.
If in second place Saint Vincentannual return is 6.8%; followed by Elcheprofitability is 6.7%; Alicantewith 6.6%; And Santa Polawith 6.4%.
For your part, Benidorm It is possible to earn 6.3 percent by purchasing a house to rent. El Campello It remains at 5.9% and Torrevieja, at 5.6%. On the other hand, the municipalities that yield the least profit from this investment are DeniaWith a return of 4.8%; Alteawith 4.7%; And Orihuelawith 4.5%.
It should be noted that the study was conducted only comparatively. housing rental pricesthat is, long-term rentals without taking into account seasonal or tourist rentals. Therefore, coastal populations where the latter methods dominate are the ones that close the classification.
However, it is worth noting that investing in rental housing in any of the analyzed populations remains significantly more profitable than most available alternatives, at least for the most conservative investors. According to Eurostat’s latest data, it is enough to remember this; average interest paid by banks barely due to term deposits at 2.62% -less than half of the rental income in the province- and Literature Six months later, they closed their last auction with 200 thousand interest. 3.635%.