Iberian Property: Price Comparison for Key Communities in Q1 2023

When investing in real estate, comprehensive understanding of market dynamics is crucial. At Nomera Capital, we bring to the table expert knowledge and insights on global prime real estate locations. This blog post provides a snapshot of key data points for select communities in the Iberian Peninsula - Portugal and Spain.

Here's a comparative table of the price per square meter, variation, days on the market, gross yield, and rotation:

(Source: Idealista, Q1 2023)

Please note, these figures encompass larger community areas than the cities themselves and are intended to provide a snapshot of each market's dynamics. Here are the key insights drawn from the data:

1. Lisbon, which includes Cascais, Oeiras, Sintra among other municipalities, leads in price per square meter and offers a robust gross yield of 4.31%.

2. Porto stands out with its lower price per m2 and the highest rotation rate, signaling a vibrant and fast-paced market.

3. Algarve, renowned for beaches and golf resorts, shows a significant rise in asking prices, yet offers the lowest gross yield among the communities studied.

4. Madrid presents competitive prices per m2, quicker selling times, and a stable gross yield.

5. Barcelona, famed for its unique culture and architecture, features a lower price per m2 but a higher gross yield, making it attractive for investors.

6. Malaga, encompassing the luxury hotspot Marbella, leads in terms of price increase and provides a competitive gross yield.

Before making an investment decision, it is crucial to delve deeper and perform a comprehensive analysis of each market at a micro level. The Nomera Capital team is here to provide you with detailed data and insights tailored to your specific investment requirements.

Investing right requires careful thought and extensive research. Let us guide you through your investment journey.