Furnished vs Unfurnished Rental in Spain: Impact on Yield and Tenant Quality

By Henrik Kolstad, Founder

Furnished vs Unfurnished: The Strategic Decision

Mid-range furnishing: EUR 8,000-15,000. Payback in 2-3 years through holiday rental premium.

The Yield Comparison

Furnished holiday net income: EUR 3,360. Unfurnished long-term net income: EUR 6,500. Unfurnished produces nearly double net income.

The Hybrid Approach

Peak season (June-September): holiday letting at EUR 70-100/night. Winter (October-May): long-term let at EUR 500-650/month. Net annual income: EUR 7,000-9,000.

Our Recommendation

Holiday letting if you plan personal use and accept higher management. Long-term unfurnished if maximizing net yield with minimum management.

Rental income analysis available for specific properties on Avena Terminal.

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