Higher gross yield can come with heavier acquisition tax
Vacancy-adjusted gross yield and standardised acquisition-tax burden across 11 cities. Bubble size shows what €250,000 buys.
Scatter plot of 11 cities comparing vacancy-adjusted gross yield with standardised acquisition tax. Warsaw has the highest yield at 5.59% with a 2% acquisition tax. Bucharest has a lower 4.60% yield, a 0% tax burden and the largest €250,000 buying power at 103.3 square metres. Rome and Valencia combine high yields with acquisition-tax burdens above 9%.