Sants-Montjuïc · Barcelona

Rental yield in Pedralbes

Pedralbes is an expensive area for Barcelona, with a low rental yield and a Total Return below the city average. Here is what a typical flat in Pedralbes costs to buy and rent, and the Total Return (IRR) it delivers, compared with Sants-Montjuïc and the rest of Barcelona.

Low returnUpdated September 2026 · official data

Sale price

7,491

€/m² · second-hand homes

Rent

19.4

€/m² per month · SERPAVI legal cap

Gross yield

3.1%

annual rent ÷ price

Total Return

3.3%

10-year IRR · typical flat

Appreciation

+3.5%

a year, 10-15 year history

Household income

€104,774

net, per year · INE

What the data says

Pedralbes is a neighbourhood in the Sants-Montjuïc district of Barcelona. The reference sale price is €7,491/m², based on registered sales in 2025 (Land Registry): 72% above the Barcelona median (€4,345/m²) and 72% above its district median (€4,356/m²). It ranks 1 of 70 neighbourhoods in Barcelona by price and 1 of 11 within Sants-Montjuïc.

The reference rent is €19.4/m² per month (SERPAVI median for the neighbourhood, 2024): about €2,250 a month for a typical 116 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 €14.5 to €21.0/m²). The gross yield (annual rent ÷ price) comes to 3.1%, 0.8 points below the city median (3.9%): rank 67 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 3.3%, below the Barcelona median (4.2%). It takes about €353,375 of cash (deposit, taxes and costs), and first-year cash flow after tax is -€1,634 a month.

Asking prices in the Sants-Montjuïc district have grown by an average of 3.5% 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 €104,774 a year (INE). 1,773 sales were registered in Sants-Montjuïc in 2025, averaging 67 m².

A typical flat in Pedralbes

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
116
Purchase price
€868,956
Monthly rent
€2,250
Cash needed · deposit + transfer tax + costs
€353,375
Monthly cash flow (year 1)
-€1,634
Total Return (IRR)
3.3%

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 Sants-Montjuïc, ranked by gross yield

Area€/m²Rent €/m²GrossIRR
la Marina del Prat Vermell - Zona Franca3,46515.05.2%6.4%
Hostafrancs4,32815.74.4%5.1%
la Font de la Guatlla4,16214.44.2%4.8%
Sants - Badal4,32014.94.1%4.8%
la Bordeta4,32614.23.9%4.4%
Sants4,59815.13.9%4.5%
el Poble Sec - Parc Montjuïc4,88415.03.7%4.1%
la Maternitat i Sant Ramon5,00915.33.7%4.1%
la Marina de Port4,35612.83.5%3.7%
les Corts5,81116.23.3%3.6%
Pedralbes7,49119.43.1%3.3%

See Pedralbes on the map

Frequently asked questions

How much does a square metre cost in Pedralbes?

€7,491/m² on average, based on registered sales in 2025 (Land Registry). A typical 116 m² flat costs about €868,956, 72% above the Barcelona median.

How much is rent in Pedralbes?

The reference rent is €19.4/m² per month: about €2,250 a month for 116 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 Pedralbes a good buy-to-let investment?

The gross yield is 3.1% (Barcelona median: 3.9%). With a 70% mortgage and a sale after 10 years, the estimated Total Return (IRR) is 3.3% against a city median of 4.2%. It depends on your financing and tax residency: with your own profile the number can change.

Is Pedralbes 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 Pedralbes?

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