Alcobendas · Madrid
Rental yield in Alcobendas
Alcobendas is an affordable area for Madrid, with an average rental yield and a Total Return below the city average. Here is what a typical flat in Alcobendas costs to buy and rent, and the Total Return (IRR) it delivers, compared with the other areas of Alcobendas.
Sale price
3,525
€/m² · second-hand homes
Rent
15.1
€/m² per month · market rate
Gross yield
5.1%
annual rent ÷ price
Total Return
9.0%
10-year IRR · typical flat
Appreciation
+4.5%
a year, 10-15 year history
Cash flow
-€131
per month, year 1, after tax
What the data says
Alcobendas is an area of Alcobendas, in the Madrid metropolitan area. The reference sale price is €3,525/m², based on the Fotocasa index adjusted to transaction prices: 18% below the Madrid median (€4,309/m²). It ranks 104 of 153 areas in the Madrid region by price.
The achievable market rent is around €15.1/m² per month (municipal index; idealista asking rents adjusted to achievable rent): about €1,299 a month for a typical 86 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 5.1%, 0.2 points above the city median (4.9%): rank 73 of 153 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 9.0%, below the Madrid median (9.6%). It takes about €111,389 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€131 a month.
Asking prices in Alcobendas have grown by an average of 4.5% a year over the last 10 and 15 years (idealista, December 2025). Historical, not a forecast: it is the appreciation the modelled sale assumes.
A typical flat in Alcobendas
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 86 m²
- Purchase price
- €303,150
- Monthly rent
- €1,299
- Cash needed · deposit + transfer tax + costs
- €111,389
- Monthly cash flow (year 1)
- -€131
- Total Return (IRR)
- 9.0%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Nearest areas, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| San Sebastián de los Reyes | 3,668 | 17.1 | 5.6% | 8.7% |
| Apóstol Santiago | 4,096 | 18.0 | 5.3% | 9.1% |
| Pinar del Rey | 4,252 | 18.0 | 5.1% | 8.7% |
| Alcobendas | 3,525 | 15.1 | 5.1% | 9.0% |
| Timón | 4,309 | 17.1 | 4.8% | 8.1% |
| Valverde | 4,802 | 18.8 | 4.7% | 8.8% |
| El Goloso | 7,480 | 22.8 | 3.7% | 7.1% |
| Costillares | 5,866 | 18.1 | 3.7% | 7.8% |
| Valdefuentes | 6,073 | 16.7 | 3.3% | 5.9% |
Frequently asked questions
How much does a square metre cost in Alcobendas?
€3,525/m² on average, based on the Fotocasa index adjusted to transaction prices. A typical 86 m² flat costs about €303,150, 18% below the Madrid median.
How much is rent in Alcobendas?
Around €15.1/m² per month at market rates: €1,299 a month for a 86 m² flat, with no legal cap.
Is Alcobendas a good buy-to-let investment?
The gross yield is 5.1% (Madrid median: 4.9%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 9.0% against a city median of 9.6%. It depends on your financing and tax residency: with your own profile the number can change.
Is Alcobendas in a stressed rental zone?
No. Alcobendas is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in Alcobendas?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: idealista · municipal sale-price report (June 2026) · ÷1,13 a precio de transacción (calibrado vs registral Madrid/BCN)
- Rent: idealista · informe municipal de alquiler (June 2026), ajustado a renta alcanzable (×0,95); contraste SERPAVI 2024
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast