We have compiled all this data from 2013 until 2017, to show you the evolution of the main catalan cities.
Having a look at the data on both tables, we could arrive at the conclusion that the market in Catalunya, was slightly expensive during 2017. Especially, in places like Sant Cugat.
As the aim of these information is to find a place with the followig attributes:
- Strong demand for rentals (Population/ rental contracts).
- Rising demographics (Population).
- Good value for money (Price/rent)
We have created a ranking based on the attributes above
According to the data and our know-how of the market, probably the best place to buy to rent in Catalunya is in Vallés Occidental area
This area is one of the most important industrials parts of Catalunya and you will find all kind of markets: from the premium town of Sant Cugat, to the big cities of Sabadell and Terrassa or smaller towns like Rubí or Cerdanyola.
You could apply different kind of strategies depending on your target. Especially a good place for rentals is Terrassa centre. For premium flips: Sant Cugat. And for cheaper flips you have Rubí.
VALUATION YARDSTICKS FOR THE HOUSING MARKET
| PRICE/RATIO | % GROSS RENTAL YIELD | VALUATION |
|---|---|---|
| 5 | 20 | Very Undervalued |
| 6,7 | 15 | Very Undervalued |
| 8,3 | 12 | Undervalued |
| 10 | 10 | Undervalued |
| 12,5 | 8 | Borderline Undervalued |
| 14,2 | 7 | Fairly Priced |
| 16,7 | 6 | Fairly Priced |
| 20 | 5 | Borderline Overvalued |
| 25 | 4 | Overvalued |
| 33,3 | 3 | Overvalued |
| 40 | 2,5 | Very Overvalued |
| 50 | 2 | Very Overvalued |