A recent study by Fotocasa has revealed that the profitability of a three-bedroom shared home in the Community of Madrid stood at 5% during March. This figure contrasts with the 4.8% obtained from traditional rentals, indicating that, although the room rental model remains more lucrative for landlords, the difference is minimal in the region.
The report, titled The profitability of housing in Spain in 2026, analyzes last month's sale and rental prices, confirming that the gap between both rental modalities in the Madrid region is one of the narrowest nationwide.
“"The profitability of room rentals has moderated over the years after reaching its peak in 2021, in a context of regulatory tightening and less widespread adoption of this formula, which allowed landlords to obtain higher margins."
Nationally, traditional rentals generate a profitability of 5.9%, while shared accommodation reaches 7.6%. This places the Community of Madrid 2.6 points below the national average for room rentals, demonstrating that the additional margin offered by this formula in the region is considerably smaller compared to other markets.
Despite this moderation, room rentals maintain their appeal, offering a higher return than conventional rentals in all autonomous communities, albeit with significant variations. In Madrid, the difference is among the lowest in Spain, only surpassing Asturias, where the gap is barely one tenth. Other regions such as the Canary Islands, Balearic Islands, Cantabria, and Andalusia also show reduced differences, though none as narrow as Madrid's.
The highest profitabilities in room rentals are concentrated in Castilla-La Mancha, with 10%, followed by Navarra, with 9.4%, and Aragon, with 9.1%. Other communities exceeding the national average include Extremadura, Catalonia, and Castilla y León.
