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Comparison of profits from residential and tourist rentals by district of Madrid 2020

Published by Statista Research Department, Aug 19, 2022

In seventeen out of the twenty districts located in the Spanish capital renting property for tourism was more profitable than renting as residential property as of September 2020. The largest difference was found in Moncloa-Aravaca, where the earning garnered from tourist rentals stood at 1,354 euros per month, over 500 euros more than earnings derived from rental residential property.

Profitability of renting a property for tourism versus residence in Madrid in 2020, by district (in euros)

Characteristic	Residential rental*	Tourist rental**
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Release date

September 2020

More information

Region

Spain

Survey time period

September 2020

Supplementary notes

*For residential rentals, figures represent earnings after deduction of taxation and monthly expenses for rent management services
**For tourist rentals, figures represent earnings from property rented 24 nights after deduction of bills, taxation and expenses for rent management services.

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