Nou Barris · Barcelona
Rental yield in Canyelles
Canyelles is an affordable area for Barcelona, with an average rental yield and a Total Return in line with the city average. Here is what a typical flat in Canyelles costs to buy and rent, and the Total Return (IRR) it delivers, compared with Nou Barris and the rest of Barcelona.
Sale price
3,035
€/m² · second-hand homes
Rent
10.7
€/m² per month · SERPAVI legal cap
Gross yield
4.2%
annual rent ÷ price
Total Return
4.0%
10-year IRR · typical flat
Appreciation
+3.0%
a year, 10-15 year history
Household income
€39,690
net, per year · INE
What the data says
Canyelles is a neighbourhood in the Nou Barris district of Barcelona. The reference sale price is €3,035/m², based on registered sales in 2025 (Land Registry): 30% below the Barcelona median (€4,345/m²) and 15% above its district median (€2,631/m²). It ranks 60 of 70 neighbourhoods in Barcelona by price and 4 of 11 within Nou Barris.
The reference rent is €10.7/m² per month (SERPAVI median for the neighbourhood, 2024): about €856 a month for a typical 80 m² flat. Barcelona is a declared stressed rental zone, so that figure acts as the legal cap on a new tenancy (the usual range in the neighbourhood runs from €8.8 to €11.3/m²). The gross yield (annual rent ÷ price) comes to 4.2%, 0.3 points above the city median (3.9%): rank 28 of 70 by gross yield.
With a 70% mortgage at 3.80% over 25 years and a sale after 10 years, the estimated Total Return (IRR) for that typical flat is 4.0%, in line with the Barcelona median (4.2%). It takes about €99,284 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€309 a month.
Asking prices in the Nou Barris district have grown by an average of 3.0% a year over the last 10 and 15 years (idealista, December 2025). Historical, not a forecast: it is the appreciation the modelled sale assumes. Average net household income is €39,690 a year (INE). 1,693 sales were registered in Nou Barris in 2025, averaging 64 m².
A typical flat in Canyelles
The same standard assumptions as the CasaROI map: change the mortgage, term or tax profile in your account and the Total Return is recalculated for your case.
- Size
- 80 m²
- Purchase price
- €242,800
- Monthly rent
- €856
- Cash needed · deposit + transfer tax + costs
- €99,284
- Monthly cash flow (year 1)
- -€309
- Total Return (IRR)
- 4.0%
Assumptions: 70% mortgage over 25 years at 3.80%, sale after 10 years, Spanish tax resident at a 37% marginal rate, no renovation.
Neighbourhoods in Nou Barris, ranked by gross yield
| Area | €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Ciutat Meridiana | 1,896 | 10.8 | 6.8% | 7.5% |
| la Trinitat Nova | 2,476 | 13.9 | 6.7% | 7.6% |
| la Trinitat Vella | 2,279 | 11.7 | 6.2% | 6.8% |
| les Roquetes | 2,566 | 12.7 | 5.9% | 6.6% |
| el Bon Pastor | 2,742 | 12.9 | 5.6% | 6.2% |
| Verdun | 3,040 | 13.8 | 5.4% | 5.9% |
| la Prosperitat | 3,163 | 13.6 | 5.2% | 5.5% |
| la Guineueta | 3,259 | 12.6 | 4.6% | 4.8% |
| Torre Baró | 1,920 | 7.2 | 4.5% | 3.8% |
| Canyelles | 3,035 | 10.7 | 4.2% | 4.0% |
| Vallbona | 2,631 | 7.7 | 3.5% | 2.7% |
Frequently asked questions
How much does a square metre cost in Canyelles?
€3,035/m² on average, based on registered sales in 2025 (Land Registry). A typical 80 m² flat costs about €242,800, 30% below the Barcelona median.
How much is rent in Canyelles?
The reference rent is €10.7/m² per month: about €856 a month for 80 m². As a stressed rental zone, that figure is the legal cap on a new whole-flat tenancy (room-by-room lets are exempt).
Is Canyelles a good buy-to-let investment?
The gross yield is 4.2% (Barcelona median: 3.9%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 4.0% against a city median of 4.2%. It depends on your financing and tax residency: with your own profile the number can change.
Is Canyelles in a stressed rental zone?
Yes. Barcelona is a declared stressed rental zone, so on a new whole-flat tenancy the rent is limited by the official reference index (SERPAVI).
Buying in Canyelles?
Paste the listing and we tell you whether it holds up at that price: legal rent, taxes, red flags and a verdict.
Sources and method
- Sale: Registre de la Propietat · Generalitat (compravenda 2ª mà, barri) · MITMA city anchor 3865 €/m² (2024)
- Rent: SERPAVI legal cap (Housing Ministry) · typical flat in the area
- Appreciation: average of the 10- and 15-year rates of the area's asking price — historical, not a forecast