Horta-Guinardó · Barcelona

Rental yield in Horta

Horta is a mid-priced 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 Horta costs to buy and rent, and the Total Return (IRR) it delivers, compared with Horta-Guinardó and the rest of Barcelona.

Low returnUpdated September 2026 · official data

Sale price

3,965

€/m² · second-hand homes

Rent

13.4

€/m² per month · SERPAVI legal cap

Gross yield

4.1%

annual rent ÷ price

Total Return

4.1%

10-year IRR · typical flat

Appreciation

+3.2%

a year, 10-15 year history

Household income

€42,491

net, per year · INE

What the data says

Horta is a neighbourhood in the Horta-Guinardó district of Barcelona. The reference sale price is €3,965/m², based on registered sales in 2025 (Land Registry): 9% below the Barcelona median (€4,345/m²) and 10% above its district median (€3,603/m²). It ranks 45 of 70 neighbourhoods in Barcelona by price and 3 of 10 within Horta-Guinardó.

The reference rent is €13.4/m² per month (SERPAVI median for the neighbourhood, 2024): about €858 a month for a typical 64 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 €10.3 to €14.4/m²). The gross yield (annual rent ÷ price) comes to 4.1%, 0.2 points above the city median (3.9%): rank 30 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 4.1%, in line with the Barcelona median (4.2%). It takes about €103,685 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€342 a month.

Asking prices in the Horta-Guinardó district have grown by an average of 3.2% 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 €42,491 a year (INE). 1,277 sales were registered in Horta-Guinardó in 2025, averaging 69 m².

A typical flat in Horta

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
64
Purchase price
€253,760
Monthly rent
€858
Cash needed · deposit + transfer tax + costs
€103,685
Monthly cash flow (year 1)
-€342
Total Return (IRR)
4.1%

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 Horta-Guinardó, ranked by gross yield

Area€/m²Rent €/m²GrossIRR
el Turó de la Peira2,93613.05.3%6.0%
el Carmel3,07113.15.1%5.7%
Sant Genís dels Agudells2,84011.95.0%5.6%
la Teixonera3,48213.44.6%5.0%
Montbau3,62113.54.5%4.8%
Porta3,58513.24.4%4.7%
Horta3,96513.44.1%4.1%
Vilapicina i la Torre Llobeta3,88413.34.1%4.2%
la Font d'en Fargues4,80014.33.6%3.4%
la Vall d'Hebron5,09614.83.5%3.3%

See Horta on the map

Frequently asked questions

How much does a square metre cost in Horta?

€3,965/m² on average, based on registered sales in 2025 (Land Registry). A typical 64 m² flat costs about €253,760, 9% below the Barcelona median.

How much is rent in Horta?

The reference rent is €13.4/m² per month: about €858 a month for 64 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 Horta a good buy-to-let investment?

The gross yield is 4.1% (Barcelona median: 3.9%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 4.1% against a city median of 4.2%. It depends on your financing and tax residency: with your own profile the number can change.

Is Horta 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 Horta?

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
Calculated with official data:SERPAVI · Min. ViviendaCatastroINEBCE · Euríbor

How we calculate the Total Return