16,4 €/m²
Average Rental Price
DISTRICT SAN BLAS-CANILLEJAS
Landlord Guide: Renting Out Your Flat in the San Blas-Canillejas District
The San Blas-Canillejas district is one of the most dynamic in eastern Madrid, driven by its proximity to Adolfo Suárez Madrid-Barajas Airport, major logistics hubs and important transport nodes. With one of the capital's highest yields and extreme demand, this district represents an excellent opportunity for landlords looking to maximise their property's return.
SAN BLAS-CANILLEJAS IN NUMBERS
Up-to-date market data
7.4%
Average Gross Yield
Families, young people and students
Main Tenant Profile
Extreme
Rental Demand
TENANT PROFILE
Tenant Profile in San Blas-Canillejas
The variety of tenant profiles in San Blas-Canillejas is one of the district's strongest points for the landlord, as it guarantees constant demand independent of economic cycles.
Proximity to the airport and to the major logistics and transport companies in eastern Madrid attracts professionals and sector workers looking for housing close to their workplace. Added to them are young families who find more accessible prices than in other parts of Madrid without losing connectivity, and young people sharing flats who value good value for money. Neighbourhoods like Simancas or Las Rosas bring together a very diverse, international community, adding even more variety to demand. For the landlord, this multiple profile guarantees that their flat will always have interested candidates, whatever the economic climate.
Professionals and workers
The concentration of logistics and transport companies, plus the airport itself, generates stable demand from workers seeking accommodation close to their workplace. These are tenants with a stable job profile and good payment capacity.
Young families
Families looking for their first home find in San Blas-Canillejas the chance to access larger flats at better prices than in central districts. These are tenants with an intention to stay and a low non-payment rate.
Focus on value for money
The typical tenant in this district especially values good value for money. A well-maintained, properly equipped property at a fair market price is guaranteed near-uninterrupted occupancy.
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THE NEIGHBOURHOODS
A Walk Through the 8 Neighbourhoods of the San Blas-Canillejas District
The neighbourhood that, together with San Blas, gives the district its name. An established residential area with a very close-knit community and good transport connections. Demand is stable and constant.
A working-class neighbourhood with very competitive rental prices. Demand comes mainly from workers and young families seeking the best value for money in eastern Madrid.
A very diverse, international area with great cultural variety. Demand is very high and vacancy time practically nil. Good returns for the investor with a market outlook.
A more residential neighbourhood, with good connections to the airport and the business areas in the north. It attracts professionals from the logistics and aviation sectors looking for housing close to their work.
A calm, family-oriented area with reasonable rental prices and constant demand from families seeking stability. The tenant profile is low-risk and highly loyal.
A neighbourhood undergoing urban improvement, with medium-term appreciation potential. Current prices are competitive, attracting young tenants and professionals.
An area with good connections and a varied residential offer. Demand is stable and the rental market very active, especially for 2- and 3-bedroom flats.
A neighbourhood with a very diverse, international profile, close to the Wanda Metropolitano. Demand is very dynamic and returns are among the most interesting in the district, especially for investors seeking controlled turnover.
REVIEWS
Landlords who no longer have to worry
“It's a very international neighbourhood, and that means there's always someone looking for a flat. Mine was rented by a family who had just arrived in Madrid and appreciated the fast turnaround.”
Hilario M.
Owner in Simancas
“Being so close to the airport, my tenant works in the logistics sector and needed to get to his shift within minutes. He hasn't missed a payment since we started.”
Petra V.
Owner in Rejas
“I wanted stability and found it: a family that's been in the flat for quite a while and values above all the reasonable price and the calm of the neighbourhood.”
Anselmo Q.
Owner in Amposta
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