In seventeen out of the twenty districts located in the Spanish capital renting property for tourism was more profitable than renting as residential property as of September 2020. The largest difference was found in Moncloa-Aravaca, where the earning garnered from tourist rentals stood at 1,354 euros per month, over 500 euros more than earnings derived from rental residential property.
Profitability of renting a property for tourism versus residence in Madrid in 2020, by district
(in euros)
*For residential rentals, figures represent earnings after deduction of taxation and monthly expenses for rent management services
**For tourist rentals, figures represent earnings from property rented 24 nights after deduction of bills, taxation and expenses for rent management services.
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Alquiler Seguro. (September 15, 2020). Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/
Alquiler Seguro. "Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros)." Chart. September 15, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/
Alquiler Seguro. (2020). Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/
Alquiler Seguro. "Profitability of Renting a Property for Tourism versus Residence in Madrid in 2020, by District (in Euros)." Statista, Statista Inc., 15 Sep 2020, https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/
Alquiler Seguro, Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros) Statista, https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/ (last visited November 21, 2024)
Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros) [Graph], Alquiler Seguro, September 15, 2020. [Online]. Available: https://www.statista.com/statistics/1203299/profitability-renting-a-property-for-tourism-versus-residence-madrid-by-district/
