Market Overview

The Campoamor rental market is characterized by moderate inventory (40 active listings) and a wide price range, with rents spanning from €550 to €1,900 per month. The average monthly rent stands at €977.5, with a median of €900, indicating a slight skew towards higher-end properties. The average property size is 78.3 sqm, and the average price per sqm is €14.4, reflecting solid demand for well-located, mid-sized apartments. Inventory is weighted towards two- and three-bedroom units (62.5% of listings), while studios and one-bedrooms are relatively scarce (12.5%). Amenities such as air conditioning are present in 77.5% of listings, but parking is limited (15%). The market yield is implied to be moderate, with rental rates supporting stable cash flows but limited by the relatively high delisting rate (134 delisted vs. 40 active), suggesting some volatility or tenant turnover.

Investment Thesis

Investors should prioritize mid-sized two- and three-bedroom apartments, which dominate the market and appeal to both families and professionals seeking longer-term rentals. Given the stable average rents and strong demand for well-equipped units, a long-term buy-and-hold strategy is optimal, focusing on properties with modern amenities to maximize occupancy and minimize vacancy risk. Holiday rentals are less attractive due to limited inventory of small units and the area's pricing structure. Flipping is not recommended given the moderate yield and inventory turnover.

Investor Shortlist