Parking spaces have become very attractive assets for investment in recent years. Especially in cities such as Madrid or Barcelona, for example, where a return of approximately 6% is easy to achieve.
Unlike other real estate assets, parking spaces are currently a great alternative investment. You can get a relatively high return for a low initial investment. For approximately 5 years, in neighbouring countries (Spain and France) a growing trend has been observed among investors and individuals in the purchase of parking spaces. This real estate activity is becoming a great opportunity for investors who want to run a lower risk and obtain a higher return.
Buying a parking space to rent out is a lower-cost way to potentially generate an attractive passive income stream after expenses
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