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Rent a property in Barcelona
The rental market in BARCELONA is tight: rental supply is lower than demand.
Several types of rental are possible: bare or furnished rental; rental for primary residence or temporary rental (Alquiler de temporada); tourist rental (which requires for most districts a tourist license).
According to Gesvalt's report, the average rental price per m² in the 4th quarter of 2019 varied from € 17.83 in the SANTS MONTJUIC district to € 22.90 in CIUTAT VELLA.
The rate of return therefore varies according to the districts but also according to the rental method. It is around 5 to 6% in the best districts but can be optimized by renting furnished and reaching 8 to 10% by renting by the room.
The rental tax rate is 19% of net rental income for French people who are not residents of Spain.
Important element, if renting the property as a main residence, it is possible to deduct from the gross rental income the depreciation of the property, property tax, co-ownership charges, interest on loans, insurance,
Another interesting element for rental profitability: the property tax (IBI) and the condominium charges are lower than in France.
