Rental Yield on a €100,000 Property in Spain (2026)
A €100,000 flat renting for €460 a month is a 5.5% gross yield, about 3.3% net after costs and tax for a resident in Madrid. To reach 6% gross you need €500 a month.
Assumes a 2026 resale flat in Madrid bought without a mortgage, IBI of €240 a year, a €50 monthly community fee, 5% vacancy, 5% maintenance, 2% closing costs and a Spanish resident taxed at 30% on rent after the 50% reduction. Change any of it in the calculator.
Net yield, resident
3.3%
after costs and tax, year 1
Gross yield
5.5%
€460 a month, €5,520 a year
Cash flow a month
€300
after costs and tax, no mortgage
Rent needed on a €100,000 property
Monthly rent for each target gross yield and the net yield it leaves, by tax status. The 5.5% row is the Spanish average.
| Gross yield | Rent a month | Rent a year | Net, resident | Net, EU/EEA | Net, non-EU |
|---|---|---|---|---|---|
| 4% | €335 | €4,020 | 2.3% | 2.3% | 1.5% |
| 5% | €415 | €4,980 | 3.0% | 2.9% | 2.1% |
| 6% | €500 | €6,000 | 3.7% | 3.6% | 2.7% |
| 7% | €585 | €7,020 | 4.4% | 4.3% | 3.3% |
| 8% | €665 | €7,980 | 5.1% | 4.9% | 3.9% |
| Item | Per year |
|---|---|
| Rent after 5% vacancy, minus running costs | €3,842 |
| Rental tax, Spanish resident | −€236 |
| Rental tax, EU/EEA non-resident (19%) | −€299 |
| Rental tax, non-EU non-resident (24% on gross rent) | −€1,259 |
| Net yield: resident / EU/EEA / non-EU | 3.3% / 3.3% / 2.4% |
| Purchase tax (ITP, Madrid) | €6,000 |
| Closing costs (2%) | €2,000 |
| Total invested | €108,000 |
| IRR over 30 years, incl. sale | 5.2% |
€100,000 property in every region
Net yield for a resident at €460 a month, best first. Madrid is highlighted. Only the purchase tax changes.
| Region | Purchase tax | Total invested | Net yield | Versus Madrid |
|---|---|---|---|---|
| Ceuta | €3,000 | €105,000 | 3.43% | +0.09 pp |
| Melilla | €3,000 | €105,000 | 3.43% | +0.09 pp |
| Basque Country | €4,000 | €106,000 | 3.40% | +0.06 pp |
| Madrid | €6,000 | €108,000 | 3.34% | reference |
| Navarre | €6,000 | €108,000 | 3.34% | +0.00 pp |
| Canary Islands | €6,500 | €108,500 | 3.32% | −0.01 pp |
| Andalusia | €7,000 | €109,000 | 3.31% | −0.03 pp |
| Cantabria | €7,000 | €109,000 | 3.31% | −0.03 pp |
| La Rioja | €7,000 | €109,000 | 3.31% | −0.03 pp |
| Murcia | €7,750 | €109,750 | 3.29% | −0.05 pp |
| Aragon | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Asturias | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Balearic Islands | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Castilla and Leon | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Extremadura | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Galicia | €8,000 | €110,000 | 3.28% | −0.05 pp |
| Castilla-La Mancha | €9,000 | €111,000 | 3.26% | −0.08 pp |
| Valencian Community | €9,000 | €111,000 | 3.26% | −0.08 pp |
| Catalonia | €10,000 | €112,000 | 3.23% | −0.11 pp |
Frequently Asked Questions
What rent do I need for a good yield on a €100,000 property?
Annual rent = price × target gross yield. On €100,000: 4% needs €335 a month; 5% needs €415 a month; 6% needs €500 a month; 7% needs €585 a month; 8% needs €665 a month. Net yield is lower because of vacancy, IBI, community fees, insurance, maintenance and tax.
What is the net rental yield on a €100,000 property in Spain?
At €460 a month (5.5% gross) the net yield is 3.3% for a Spanish resident, 3.3% for an EU/EEA non-resident and 2.4% for a non-resident outside the EU/EEA, who is taxed on gross rent. The figures assume a Madrid resale flat, IBI of €240 a year, a community fee of €50 a month, 5% vacancy and 5% maintenance, with no mortgage.
How much cash do I need to buy a €100,000 property in Spain?
In Madrid, €6,000 of ITP and about €2,000 of closing costs bring the total to €108,000. Across the mainland regions the total ranges from €106,000 in Basque Country to €112,000 in Catalonia, because the transfer tax differs by region.
Is a 5.5% gross yield good in Spain?
It is close to the national average gross yield of about 5.5% (Global Property Guide, Q3 2026). After costs and tax it is 3.3% net on €100,000, so compare flats on net yield, not on the headline figure in the listing.
Rental yield by purchase price
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Estimate based on 2026 rules: regional ITP tables, art. 23.2 LIRPF reduction, IRNR rates of 19% and 24%. Rent is rounded to €5. Not tax advice. Last tax data verification: October 2026.