How Much Can You Earn Renting Parking in Coll d'en Rabassa?
Discover how much you could earn renting a parking space in Coll d'en Rabassa according to market prices and current demand.
€32,000
90€/month
Rental Prices in Coll d'en Rabassa
2024 market ranges
Standard Monthly Rental
80-100€/month
For residents or workers in the area
Tourist Rental (season)
15-25€/day
For tourists with rental cars
Occasional Rental
5-10€/day
For events, concerts, occasional visits
Tenant Profile in Coll d'en Rabassa
Neighborhood Residents
Neighbors living in buildings without garage. Looking for fixed space near home. Very high demand.
Airport/FAN Workers
Employees working at airport or FAN Mallorca. Need parking nearby and stable.
High Season Tourists
Tourists renting cars and looking for parking near beaches and airport.
Foreign Residents
Foreigners living in the area (Germans, English) who value security.
Profitability Calculation
Strategy 1: Fixed Monthly Rental
- Rent: 90€/month × 12 months = 1,080€/year
- Annual expenses: Property tax (60€) + community (180€) = 240€
- Net profit: 840€/year
- Investment: €32,000 + purchase expenses (~{TOTAL_INVESTMENT})
- ROI: 840 / {TOTAL_INVESTMENT} × 100 = ~~3.4%%
Strategy 2: Tourist Rental (6 months)
- Rent: 20€/day × 90 days (season) = 1,800€
- Annual expenses: 240€ + management (200€) = 440€
- Net profit: 1,360€
- ROI: 1,360 / {TOTAL_INVESTMENT} × 100 = ~{TOURIST_ROI}%
- Note: Requires active management (ads, cleaning, coordination)
Strategy 3: Mixed (Monthly + Occasional)
- Monthly rent: 90€ × 10 months = 900€
- Occasional rent: 8€ × 30 days = 240€
- Total income: 1,140€
- Net profit: ~900€
- ROI: ~~3.4%%
Comparison with Other Investments
| Investment | Profitability |
|---|---|
| Parking Coll d'en Rabassa | 7-12% annual |
| Bank deposit | 2-3% annual |
| Housing rental | 4-6% annual |
| Stock market (historical average) | 7-10% annual (volatile) |
Advantages of Renting Parking vs Housing
Much lower initial investment (€32,000 vs +200,000€)
Almost no maintenance (no breakdowns, renovations, etc.)
Very low delinquency (1.8% vs 4.7% housing)
100% occupancy in areas with chronic demand
No coexistence problems with tenants
Fast sale if you need liquidity (23 days average)
Risks and Points to Watch
Choosing Area Without Demand
If you buy in neighborhood with excess supply, it will be difficult to rent. Coll d'en Rabassa has chronic demand.
High Community Expenses
Check community fee and planned assessments before buying.
Difficult Access Space
Spaces with complicated maneuvers are more difficult to rent.
Lack of Security
Open parking or without alarm are less attractive to tenants.
How to Rent Your Space Quickly
1. Competitive Price
Check prices on Idealista/Fotocasa for your area. In Coll d'en Rabassa: 80-100€/month.
2. Quality Photos
Take well-lit photos of the space, access and security system.
3. Detailed Ad
Indicate measurements, covered/uncovered, alarm, near airport/FAN, etc.
4. Publish on Multiple Portals
Idealista, Fotocasa, Milanuncios, Facebook groups of Coll d'en Rabassa.
5. Written Contract
Even if it's parking, use written contract: price, duration, deposit, rules.
6. Request Deposit
Equivalent to 1-2 months rent. Protects against non-payment.