How Much Can You Realistically Earn Renting Out a Valencia Apartment?

It's the question every property investor wants answered before they commit: what will I actually make? The honest answer is that it depends on several factors — but Valencia's rental market is strong enough that the numbers, done properly, are genuinely encouraging.

Here's a realistic picture.

What Valencia apartments are currently renting for

Mid-term rental prices in Valencia (11-month contracts) vary significantly by neighbourhood, size, and condition. As a rough guide in the current market:

A well-located, furnished one-bedroom apartment in a desirable area typically rents for €900–€1,300 per month. A two-bedroom in a similar location ranges from €1,200 to €1,800. Larger or more premium properties go higher.

These are not guaranteed figures — location, presentation, and management quality all affect where your apartment lands within these ranges.

Gross vs net: know the difference

Gross rental income is what your tenant pays. Net income is what you keep after costs. The gap between the two matters, and it's worth being clear-eyed about it.

Typical annual costs to factor in include property management fees (8–12% of rent), IBI property tax (varies but typically €300–€600/year for a mid-sized apartment), building community fees (€50–€150/month depending on the building), landlord insurance (around €200–€400/year), and a maintenance allowance for repairs and replacements.

On a €1,100/month rental, after all costs, a realistic net income figure might sit around €700–€800 per month — an annual net return of roughly €8,400–€9,600 on that property.

Vacancy affects your annual total

A well-managed apartment in a desirable location should experience minimal vacancy — perhaps two to four weeks per year between tenancies at most. Poorly managed properties, or those in weaker locations, can sit empty for months. Factor a realistic vacancy allowance into your projections.

Capital appreciation adds to the picture

Rental yield is only part of the return. Valencia property values have been rising, and many investors expect that trend to continue — driven by growing international demand, infrastructure investment, and the city's rising profile. Capital appreciation over a five to ten year hold period can significantly boost your overall return on investment.

The realistic investor's calculation

For a €220,000 apartment (all-in, including purchase costs and furnishing), generating a net annual income of €9,000, the net yield is approximately 4.1%. Add anticipated capital appreciation of 3–5% per year, and the total annual return looks considerably more attractive.

These are illustrative figures, not guarantees — but they reflect what well-chosen, well-managed Valencia investment properties are currently delivering.

At Home in Valencia helps investors understand the real numbers before they buy, and maximises rental returns through professional management. Get in touch to talk through the figures for your situation.