Neighbourhoods
Rental yield by neighbourhood in Spain
642 neighbourhoods in 14 cities, each with its sale price, rent and Total Return (IRR) for a typical flat, computed from official data with the CasaROI engine. Pick a city to see its neighbourhoods ranked by yield.
Updated September 2026 · official data
The cities with the highest median Total Return are València (10.9%), Málaga (10.9%), Santa Cruz de Tenerife (10.0%); the most expensive per square metre are Palma (€5,156/m²), Madrid (€4,808/m²), Barcelona (€4,345/m²).
Sale prices come from registered transactions (Madrid and Barcelona) or portal indices adjusted to transaction prices; rents from SERPAVI (the legal cap in stressed rental zones) or idealista asking rents adjusted to achievable rent; appreciation from 10- and 15-year idealista series. Every figure is dated and sourced on its page.
Cities
| City | Areas | Sale €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|---|
| València | 67 | 3,043 | 14.8 | 5.8% | 10.9% |
| Málaga | 75 | 3,573 | 15.2 | 5.1% | 10.9% |
| Santa Cruz de Tenerife | 16 | 2,786 | 13.2 | 5.6% | 10.0% |
| Palma | 37 | 5,156 | 19.3 | 4.5% | 9.9% |
| Madrid | 153 | 4,808 | 18.8 | 4.7% | 9.6% |
| Alicante | 21 | 2,802 | 12.8 | 5.1% | 9.6% |
| Las Palmas | 20 | 2,538 | 12.1 | 5.9% | 8.9% |
| Zaragoza | 25 | 2,196 | 11.7 | 6.2% | 7.8% |
| Sevilla | 44 | 2,708 | 12.9 | 5.2% | 7.1% |
| Granada | 29 | 2,613 | 10.1 | 4.5% | 6.9% |
| Murcia | 48 | 1,553 | 9.0 | 7.0% | 6.7% |
| Pamplona | 10 | 2,872 | 9.6 | 4.1% | 4.2% |
| Barcelona | 86 | 4,345 | 14.6 | 3.9% | 4.0% |
| Bilbao | 11 | 3,508 | 12.3 | 4.2% | 3.8% |