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Cambrils

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Real estate insights for Cambrils

AspectSummary
Gross YieldTypically ranges from 5% to 8% depending on location and type of property.
Rental DemandHigh demand during summer season; steady demand year-round due to tourism.
Average Rent PriceAverage rent is around €800 to €1,200 for 2-3 bedroom apartments.
Vacancy RatesVacancy rates are approximately 5-10%, lower during peak tourist season.
Tenant Turnover RateTurnover rate is around 30% annually, influenced by seasonal rentals.
Operating ExpensesApproximately 25-30% of rental income, including maintenance and management.
Regulation and Rent ControlLimited rent control; regulations more focused on tourism-related rentals.
Furnishing/Unfurnishing Rate50% of rentals are furnished, popular among short-term tenants.
Short-Term vs. Long-Term Rental MixMix leans towards short-term (60%) due to high tourist appeal.
Local Economic IndicatorsStable economy with low unemployment; tourism is a major economic driver.
Rental Price TrendsPrices have increased by approximately 3-5% annually over the past 5 years.
Lease TermsCommonly 1 year for long-term leases; shorter terms available for short-term.
Deposit RequirementsTypical security deposit is 1-2 months' rent.
Utilities and Other CostsUtilities add an average of €150-250/month depending on usage.
Safety and SecurityGenerally safe area with low crime rates; local police presence is good.

Cambrils FAQ

  • Are rental prices in Cambrils higher during the summer months?

    Rental prices in Cambrils tend to rise significantly during the summer months, primarily due to the influx of tourists seeking coastal vacations. For instance, a two-bedroom apartment that may rent for around €600 per month in the off-peak season can see prices jump to €1,200 or more during July and August. Properties near the beach or with sea views are particularly in demand, often commanding even higher rates. Furthermore, vacation rentals on platforms like Airbnb can see daily rates double or triple compared to the winter months. This seasonal price increase is not only driven by high demand but also by local businesses capitalizing on the tourist flow, which can create a ripple effect on the rental market.

  • What is the average rental price for a one-bedroom apartment in Cambrils?

    The average rental price for a one-bedroom apartment in Cambrils typically ranges between €500 and €750 per month, depending on various factors such as location and amenities. Apartments closer to the beach or in the heart of the town usually command higher prices, with some premium listings reaching up to €1,000 during peak tourist seasons. For instance, a modern one-bedroom apartment near the marina may cost around €700, while similar accommodations situated a bit farther from the coastline could be found for about €550. Additionally, seasonal fluctuations can influence prices, with higher rates from June to September when tourism peaks. Utilities may or may not be included in these rental prices, affecting the overall cost for tenants.

  • How much does it cost to rent a two-bedroom apartment in Cambrils?

    Renting a two-bedroom apartment in Cambrils typically ranges from around €600 to €1,200 per month, depending on the location and amenities offered. For instance, a modern apartment close to the beach may cost approximately €1,000 monthly, while a more modest unit located a bit further inland can start at about €650. Areas like the town center tend to attract higher rental prices due to their proximity to shops and restaurants. Additionally, seasonal fluctuations can affect pricing, with summer months often seeing increased rates as tourism peaks. Utilities may be an extra cost, averaging €100 per month, which can further influence the overall monthly expenses for renters.

  • What factors influence rental prices in Cambrils?

    Several factors influence rental prices in Cambrils, including location, property type, and seasonal demand. Proximity to the beach and major tourist attractions typically drives up rental costs, with properties in the beachfront area commanding higher prices than those further inland. For instance, a two-bedroom apartment overlooking the Mediterranean will likely have significantly higher rental rates compared to a similar-sized unit in a residential neighborhood. Additionally, the time of year plays a crucial role; during the summer months, when tourist influx peaks, rental prices can surge as vacationers look for short-term accommodations. The condition and amenities of the property also matter—homes with modern renovations, private pools, or access to communal facilities can attract higher rents. Lastly, competition among landlords, influenced by market trends and local regulations regarding short-term rentals, can further affect pricing dynamics in this coastal town.

  • How do rental prices in Cambrils compare to nearby areas?

    Rental prices in Cambrils are generally competitive when compared to nearby areas like Salou and Tarragona. In Cambrils, the average monthly rent for a one-bedroom apartment in the city center hovers around €600, while in Salou, similar accommodations can reach approximately €700, driven partly by the bustling tourist season and demand for vacation rentals. Tarragona, being a larger city, offers some lower options, with city-center rentals often available for around €550. Along the beachfront, rental prices can spike significantly in all three areas, with Cambrils offering slightly better deals compared to the more tourist-heavy Salou. Factors like proximity to the beach and local amenities play significant roles in these price variations, impacting the rental market dynamics in each location.

  • What are the average utility costs for rental properties in Cambrils?

    In Cambrils, the average utility costs for rental properties can vary depending on the size and type of accommodation. Generally, tenants should expect to pay between €100 and €180 monthly for utilities, which typically include electricity, water, heating, and garbage collection. For example, a one-bedroom apartment may incur around €100 monthly, while larger properties or those with more extensive energy needs could see costs closer to €180. Heating can lead to higher winter bills, particularly in apartment buildings without good insulation. Additionally, internet service adds another €30 to €50 to the monthly cost, depending on the provider and the package chosen. Overall, it's essential for prospective renters to consider these utility costs when budgeting for living in Cambrils.

  • Is there a security deposit required when renting in Cambrils?

    When renting a property in Cambrils, it is typical for landlords to require a security deposit, often equivalent to one or two months' rent. The deposit serves as a financial safeguard for the landlord against potential damages, outstanding bills, or unpaid rent. For instance, if you’re renting a beachside apartment for €800 per month, you may need to submit a deposit of either €800 or €1,600, depending on the owner’s policy. This amount is usually collected upfront and is returned after the rental period, provided the property is left in good condition. It's important to document the state of the property upon arrival to avoid disputes regarding the deposit refund. Additionally, some short-term rental platforms may have different policies, so it’s advisable to review the terms thoroughly before booking.