GIBRALTAR PROPERTY RENTALS
Properties to Rent in Gibraltar
Increases in lettings prices are driven by demand but are also good indicators of economic activity and the potential of further renewed interest from new applicants on the sales market.
The market has very clearly been on the up in terms of prices, due to increased demand over the past few years and in particular since the beginning of 2021. We have seen average increases of approximately 15% in rental prices over the period, with up to 30% increases in higher demand areas such as Midtown, Ocean Village and Kings Wharf.
Landlords will no doubt be pleased to see their ROI doing well across the board and gross yields generally ranging between 4.0%- 6.0%. We expect this to remain the case over the next 12 -18 months as we continue to see a diminished supply in properties with larger internal areas.
If you are looking to invest in “Buy to Let” options, we would like to hear from you. If you are a landlord looking for professional property managers with a proven track record, click on our link to “Management Services” or call us for more information.