Gross Yield | Average gross yield around 6-8% for residential properties. |
Rental Demand | High demand due to proximity to urban amenities and work opportunities. |
Average Rent Price | Average monthly rent ranges from €600 to €1,200 depending on location and property size. |
Vacancy Rates | Low vacancy rates, generally below 5%, indicating a competitive rental market. |
Tenant Turnover Rate | Moderate turnover rate, approximately 30% annually, common in urban areas. |
Operating Expenses | Including maintenance, property management, and taxes; estimate around 20-30% of rental income. |
Regulation and Rent Control | Limited rent controls; market-driven pricing with some tenant protection laws. |
Furnishing/Unfurnishing Rate | Furnished apartments tend to charge higher rents, about 10-20% more. |
Short-Term vs. Long-Term Rental Mix | Increasing popularity of short-term rentals (Airbnb), but long-term rentals remain stable. |
Local Economic Indicators | Steady economic growth, low unemployment rate, vibrant local businesses supporting rental market. |
Rental Price Trends | Steady rental price growth of around 3-5% annually. |
Lease Terms | Common lease terms are typically 12 months, with options for longer. |
Deposit Requirements | Standard deposit is typically one month's rent. |
Utilities and Other Costs | Utilities average €100-€150 monthly, depending on usage; internet separately. |
Safety and Security | Generally safe area with low crime rates; good neighborhood security measures. |