What are the top 10 real estate markets worldwide for rental yield?

The top 10 real estate markets worldwide for rental yield vary depending on the factors taken into consideration such as property cost, rental income, and potential return on investment. The following list showcases some of the markets known for their high rental yields:

1. Manila, Philippines: With an emerging real estate market, rental yields in Manila can reach up to 8-10%.

2. Detroit, United States: Known for its relatively low property prices, Detroit offers a rental yield of around 8-9%.

3. Istanbul, Turkey: Istanbul is a popular destination for real estate investment, with rental yields averaging around 7-8%.

4. Austin, United States: The capital of Texas, Austin, offers high rental yields of approximately 7-8% due to its strong job market and rental demand.

5. Glasgow, Scotland: Glasgow offers rental yields of around 7%, making it an attractive option for real estate investors.

6. Berlin, Germany: The German capital has experienced significant growth in rental yields in recent years, currently ranging from 6-7%.

7. Auckland, New Zealand: Auckland is known for its strong rental market, and rental yields usually average around 6-7%.

8. Bogota, Colombia: The Colombian capital offers rental yields ranging from 6-7%, making it an appealing market for real estate investors.

9. Kuala Lumpur, Malaysia: The rental yield in Kuala Lumpur can reach up to 6-7%, making it an attractive destination for real estate investors.

10. Lisbon, Portugal: Lisbon is rapidly growing in popularity as a real estate market, and rental yields can range from 5-6%.

It’s important to note that these figures are approximate and can vary depending on various factors such as location, property type, and market conditions. Conducting thorough research and consulting with local real estate professionals is advised before making any investment decisions.