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How much does renovating to rent pay off? An example with numbers
Buying, renovating and letting a 70 m² flat in Madrid: total investment, expected rent and net yield.
Buying, renovating and letting a 70 m² flat in Madrid: total investment, expected rent and net yield.
With 20% rental costs, the net yield is around 4.6% a year, compared with 3.2% without renovating.
Try your own numbers with our investment estimator.
Responsible declaration, major or minor works permit: which one fits your renovation, what documents are required and realistic timelines.
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Planning rules, ceiling height, light and ventilation: how to know whether your unit can become a home and what steps to follow.
Read →Buying, renovating and letting a 70 m² flat in Madrid: total investment, expected rent and net yield.
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