Usera · Madrid
Rental yield in Orcasitas
Orcasitas is an affordable area for Madrid, with a high rental yield and a Total Return above the city average. Here is what a typical flat in Orcasitas costs to buy and rent, and the Total Return (IRR) it delivers, compared with Usera and the rest of Madrid.
Sale price
2,367
€/m² · second-hand homes
Rent
14.9
€/m² per month · market rate
Gross yield
7.6%
annual rent ÷ price
Total Return
13.3%
10-year IRR · typical flat
Appreciation
+5.3%
a year, 10-15 year history
Cash flow
€228
per month, year 1, after tax
What the data says
Orcasitas is a neighbourhood in the Usera district of Madrid. The reference sale price is €2,367/m², based on the 2025 registry statistics (Madrid City Council): 51% below the Madrid median (€4,808/m²) and 29% below its district median (€3,334/m²). It ranks 129 of 130 neighbourhoods in Madrid by price and 7 of 7 within Usera.
The achievable market rent is around €14.9/m² per month (the neighbourhood's own figure; idealista asking rents adjusted to achievable rent): about €1,386 a month for a typical 93 m² flat, with no legal cap. The gross yield (annual rent ÷ price) comes to 7.6%, 2.9 points above the city median (4.7%): rank 8 of 130 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 13.3%, above the Madrid median (9.8%). It takes about €81,377 of cash (deposit, taxes and costs), and first-year cash flow after tax is €228 a month.
Asking prices in the Usera district have grown by an average of 5.3% 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 Orcasitas
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
- 93 m²
- Purchase price
- €220,131
- Monthly rent
- €1,386
- Cash needed · deposit + transfer tax + costs
- €81,377
- Monthly cash flow (year 1)
- €228
- Total Return (IRR)
- 13.3%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Neighbourhoods in Usera, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Zofío | 3,088 | 22.4 | 8.7% | 14.9% |
| San Fermín | 2,726 | 17.9 | 7.9% | 13.8% |
| Orcasitas | 2,367 | 14.9 | 7.6% | 13.3% |
| Almendrales | 3,674 | 22.4 | 7.3% | 13.1% |
| Pradolongo | 3,334 | 19.3 | 6.9% | 12.5% |
| Orcasur | 3,399 | 17.0 | 6.0% | 11.3% |
| Moscardó | 3,702 | 18.2 | 5.9% | 11.1% |
Frequently asked questions
How much does a square metre cost in Orcasitas?
€2,367/m² on average, based on the 2025 registry statistics (Madrid City Council). A typical 93 m² flat costs about €220,131, 51% below the Madrid median.
How much is rent in Orcasitas?
Around €14.9/m² per month at market rates: €1,386 a month for a 93 m² flat, with no legal cap.
Is Orcasitas a good buy-to-let investment?
The gross yield is 7.6% (Madrid median: 4.7%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 13.3% against a city median of 9.8%. It depends on your financing and tax residency: with your own profile the number can change.
Is Orcasitas in a stressed rental zone?
No. Madrid is not a declared stressed rental zone: rents are set by the market, with no legal cap.
Buying in Orcasitas?
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: Estadística Registral · Ayuntamiento de Madrid (precio declarado, neighbourhood) · MITMA city anchor 4212 €/m² (2024)
- Rent: estimación · alquiler ajustado al precio del neighbourhood (modelo idealista yield–precio) · a alcanzable (×0,95)
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast