Idealista Launches Investment Calculator Tool

Idealista has launched a paid-for investment calculator tool that shows investors the best housing investment opportunities in any neighbourhood in Spain.

The new tool, Oportunidades de Inversión (Investment Opportunities), offers a wide range of features for real estate investors to understand better opportunities based on price, potential yield, profitability, rental demand and yield, discounted properties, and a complete list of property features.

It also has an in-built investment calculator that calculates gross and net profitability, cash flow, ROI and return on equity depending on modifiable investment parameters users input.

According to Idealista's website, the new service operates as a monthly subscription starting at €34.90. Investors can sign up at a 40% discount until the end of the year.

Francisco Iñareta, a spokesperson for Idealista, said:

"Innovation and technological development are part of our commitment to users and clients. And it is in this spirit that this new tool was created, which allows investors of all sizes to make the best decisions based on the real-time data generated by Idealista/data.

This is an essential starting point for conducting feasibility studies and understanding the costs, returns and risks involved."

Meanwhile, Idealista launched an AI-boosted listing-enhancement tool that lets listing customers use generative AI to write real estate listings. It is the first of its kind in Spain and is already widely available to agents after its public launch on 3 November.

Madrid-based Idealista is the market leader in Spain and Portugal, with further presence in Italy. The portal has raised in excess of $500M over five rounds and was sold to EQT Partners for €1.3Bn in September 2020. The company recorded revenues of circa €120M in 2022.