Gross rental yields in Spain: Madrid, Barcelona and 9 other cities
The average gross rental yield in Spain stands at 5.43% (Q3, 2025). Previously, in Q1 2025, the rental yield was 5.60%.
Cities and areas compared
- Madrid
- Barcelona
- Valencia
- Cordoba
- Seville
- Alicante
- Palma de Mallorca
- Murcia
- Malaga
- Marbella
- Tenerife
Historical rental yields in Spain
View the full rental yield dataset (2023 - Present)
| MADRID - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| Studio | €207,500 | €1,200 | 6.94% |
| 1-Bedroom | €350,000 | €1,550 | 5.31% |
| 2-Bedroom | €695,000 | €2,250 | 3.88% |
| 3-Bedroom | €972,500 | €3,100 | 3.83% |
| 4+Bedroom | €1,350,000 | €4,300 | 3.82% |
| Barrio de Salamanca | |||
| 1-Bedroom | €483,500 | €1,780 | 4.42% |
| 2-Bedroom | €970,000 | €2,700 | 3.34% |
| 3-Bedroom | €1,790,000 | €4,120 | 2.76% |
| 4+Bedroom | €3,350,000 | €5,500 | 1.97% |
| Carabanchel | |||
| 1-Bedroom | €217,000 | €1,050 | 5.81% |
| 2-Bedroom | €237,000 | €1,290 | 6.53% |
| 3-Bedroom | €259,000 | €1,500 | 6.95% |
| Chamberi | |||
| 1-Bedroom | €414,500 | €1,600 | 4.63% |
| 2-Bedroom | €895,000 | €2,330 | 3.12% |
| 3-Bedroom | €1,295,000 | €3,200 | 2.97% |
| Ciudad Lineal | |||
| 1-Bedroom | €292,000 | €1,300 | 5.34% |
| 2-Bedroom | €358,500 | €1,500 | 5.02% |
| 3-Bedroom | €379,000 | €1,750 | 5.54% |
| Tetuán | |||
| Studio | €250,000 | €1,050 | 5.04% |
| 1-Bedroom | €305,200 | €1,300 | 5.11% |
| 2-Bedroom | €365,000 | €1,500 | 4.93% |
| 3-Bedroom | €640,000 | €2,500 | 4.69% |
| 4+Bedroom | €985,000 | €3,000 | 3.65% |
| Chamartin | |||
| 1-Bedroom | €485,000 | €1,550 | 3.84% |
| 2-Bedroom | €728,600 | €1,950 | 3.21% |
| 3-Bedroom | €834,500 | €2,650 | 3.81% |
| 4+Bedroom | €1,800,000 | €4,150 | 2.77% |
| Madrid (all locations) | |||
| Studio | €240,000 | €1,190 | 5.95% |
| 1-Bedroom | €320,000 | €1,450 | 5.44% |
| 2-Bedroom | €425,000 | €1,900 | 5.36% |
| 3-Bedroom | €595,000 | €2,500 | 5.04% |
| 4+Bedroom | €1,312,500 | €3,700 | 3.38% |
| Madrid avg. Rental Yields | 5.04% | ||
| BARCELONA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Eixample | |||
| 1-Bedroom | €345,000 | €2,220 | 7.72% |
| 2-Bedroom | €600,000 | €2,560 | 5.12% |
| 3-Bedroom | €690,000 | €2,950 | 5.13% |
| 4+Bedroom | €750,000 | €3,600 | 5.76% |
| Ciuatat Vella | |||
| Studio | €180,000 | €1,200 | 8.00% |
| 1-Bedroom | €230,000 | €1,350 | 7.04% |
| 2-Bedroom | €382,500 | €2,000 | 6.27% |
| 3-Bedroom | €450,000 | €2,580 | 6.88% |
| Sant Martí | |||
| 1-Bedroom | €374,500 | €1,720 | 5.51% |
| 2-Bedroom | €377,000 | €2,420 | 7.70% |
| 3-Bedroom | €430,000 | €2,400 | 6.70% |
| 4+Bedroom | €520,000 | €2,400 | 5.54% |
| Sarrià-Sant Gervasi | |||
| 1-Bedroom | €307,000 | €1,700 | 6.64% |
| 2-Bedroom | €598,000 | €2,500 | 5.02% |
| 3-Bedroom | €845,000 | €3,170 | 4.50% |
| 4+Bedroom | €1,600,000 | €4,400 | 3.30% |
| Sants-Montjuïc | |||
| 1-Bedroom | €210,000 | €1,400 | 8.00% |
| 2-Bedroom | €332,000 | €1,550 | 5.60% |
| 3-Bedroom | €335,000 | €1,800 | 6.45% |
| 4+Bedroom | €396,500 | €2,250 | 6.81% |
| Horta Guinardó | |||
| 2-Bedroom | €260,000 | €1,600 | 7.38% |
| 3-Bedroom | €259,000 | €1,700 | 7.88% |
| Gràcia | |||
| 1-Bedroom | €300,000 | €1,870 | 7.48% |
| 2-Bedroom | €399,500 | €2,200 | 6.61% |
| 3-Bedroom | €546,800 | €2,480 | 5.44% |
| Les Corts | |||
| 2-Bedroom | €530,000 | €2,470 | 5.59% |
| 3-Bedroom | €515,000 | €2,530 | 5.90% |
| 4+Bedroom | €1,100,000 | €3,500 | 3.82% |
| Barcelona (all locations) | |||
| Studio | €182,300 | €1,300 | 8.56% |
| 1-Bedroom | €259,900 | €1,600 | 7.39% |
| 2-Bedroom | €385,000 | €2,300 | 7.17% |
| 3-Bedroom | €450,000 | €2,640 | 7.04% |
| 4+Bedroom | €739,000 | €3,500 | 5.68% |
| Barcelona avg. Rental Yields | 7.17% | ||
| VALENCIA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| L'Eixample | |||
| 2-Bedroom | €450,000 | €1,650 | 4.40% |
| 3-Bedroom | €590,000 | €1,800 | 3.66% |
| 4+Bedroom | €875,000 | €2,350 | 3.22% |
| Ciutat Vella | |||
| 1-Bedroom | €256,000 | €1,400 | 6.56% |
| 2-Bedroom | €350,000 | €1,650 | 5.66% |
| 3-Bedroom | €665,000 | €1,800 | 3.25% |
| 4+Bedroom | €825,000 | €2,200 | 3.20% |
| Extramurs | |||
| 2-Bedroom | €348,000 | €1,500 | 5.17% |
| 3-Bedroom | €437,500 | €1,600 | 4.39% |
| 4+Bedroom | €497,000 | €1,600 | 3.86% |
| Valencia (all locations) | |||
| Studio | €200,000 | €1,150 | 6.90% |
| 1-Bedroom | €220,000 | €1,300 | 7.09% |
| 2-Bedroom | €275,000 | €1,490 | 6.50% |
| 3-Bedroom | €299,000 | €1,500 | 6.02% |
| 4+Bedroom | €477,500 | €1,600 | 4.02% |
| Valencia avg. Rental Yields | 6.11% | ||
| CÓRDOBA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €149,900 | €615 | 4.92% |
| 2-Bedroom | €180,000 | €750 | 5.00% |
| 3-Bedroom | €205,000 | €810 | 4.74% |
| Córdoba (all locations) | |||
| 1-Bedroom | €136,000 | €600 | 5.29% |
| 2-Bedroom | €143,500 | €750 | 6.27% |
| 3-Bedroom | €150,000 | €750 | 6.00% |
| 4+Bedroom | €239,900 | €975 | 4.88% |
| Córdoba avg. Rental Yields | 5.61% | ||
| ALICANTE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €245,000 | €1,100 | 5.39% |
| 2-Bedroom | €330,000 | €1,300 | 4.73% |
| 3-Bedroom | €390,000 | €1,450 | 4.46% |
| 4+Bedroom | €487,500 | €1,500 | 3.69% |
| Alicante (all locations) | |||
| Studio | €185,000 | €850 | 5.51% |
| 1-Bedroom | €215,000 | €960 | 5.36% |
| 2-Bedroom | €255,500 | €1,200 | 5.64% |
| 3-Bedroom | €240,000 | €1,390 | 6.95% |
| 4+Bedroom | €375,000 | €1,400 | 4.48% |
| Alicante avg. Rental Yields | 5.59% | ||
| SEVILLE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €265,000 | €900 | 4.08% |
| 2-Bedroom | €280,000 | €1,200 | 5.14% |
| 3-Bedroom | €360,000 | €1,230 | 4.10% |
| 4+Bedroom | €550,000 | €1,700 | 3.71% |
| Nervión | |||
| 2-Bedroom | €274,000 | €1,100 | 4.82% |
| 3-Bedroom | €370,700 | €1,150 | 3.72% |
| 4+Bedroom | €486,500 | €1,600 | 3.95% |
| Seville (all locations) | |||
| Studio | €200,000 | €780 | 4.68% |
| 1-Bedroom | €225,000 | €900 | 4.80% |
| 2-Bedroom | €210,000 | €1,100 | 5.28% |
| 3-Bedroom | €250,000 | €1,100 | 5.28% |
| 4+Bedroom | €450,000 | €1,400 | 3.73% |
| Seville avg. Rental Yields | 4.96% | ||
| PALMA DE MALLORCA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Palma de Mallorca (all locations) | |||
| 1-Bedroom | €390,000 | €1,550 | 4.77% |
| 2-Bedroom | €550,000 | €1,900 | 4.15% |
| 3-Bedroom | €525,000 | €2,200 | 5.03% |
| 4+Bedroom | €753,400 | €3,000 | 4.78% |
| Palma de Mallorca avg. Rental Yields | 4.68% | ||
| MURCIA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 2-Bedroom | €182,500 | €850 | 5.59% |
| 3-Bedroom | €177,500 | €930 | 6.29% |
| 4+Bedroom | €399,500 | €1,150 | 3.45% |
| Murcia (all locations) | |||
| Studio | €115,400 | €590 | 6.14% |
| 1-Bedroom | €130,000 | €660 | 6.09% |
| 2-Bedroom | €149,300 | €750 | 6.03% |
| 3-Bedroom | €150,000 | €900 | 7.20% |
| 4+Bedroom | €292,100 | €1,100 | 4.52% |
| Murcia avg. Rental Yields | 5.99% | ||
| MALAGA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €252,000 | €1,200 | 5.71% |
| 2-Bedroom | €380,000 | €1,400 | 4.42% |
| 3-Bedroom | €399,000 | €1,550 | 4.66% |
| 4+Bedroom | €589,000 | €1,800 | 3.67% |
| Malaga (all locations) | |||
| 1-Bedroom | €245,000 | €1,150 | 5.63% |
| 2-Bedroom | €360,000 | €1,400 | 4.67% |
| 3-Bedroom | €350,000 | €1,400 | 4.80% |
| 4+Bedroom | €599,000 | €1,750 | 3.51% |
| Malaga avg. Rental Yields | 4.65% | ||
| MARBELLA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €378,000 | €1,350 | 4.29% |
| 2-Bedroom | €512,500 | €1,980 | 4.64% |
| 3-Bedroom | €575,000 | €2,300 | 4.80% |
| Marbella (all locations) | |||
| Studio | €292,500 | €1,300 | 5.33% |
| 1-Bedroom | €355,500 | €1,400 | 4.73% |
| 2-Bedroom | €550,000 | €2,150 | 4.69% |
| 3-Bedroom | €820,000 | €3,400 | 4.98% |
| 4+Bedroom | €1,560,000 | €6,000 | 4.62% |
| Marbella avg. Rental Yields | 4.87% | ||
| TENERIFE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Tenerife (all locations) | |||
| Studio | €195,000 | €900 | 5.54% |
| 1-Bedroom | €250,000 | €1,100 | 5.28% |
| 2-Bedroom | €320,000 | €1,200 | 4.50% |
| 3-Bedroom | €300,000 | €1,400 | 5.60% |
| 4+Bedroom | €400,000 | €1,550 | 4.65% |
| Tenerife avg. Rental Yields | 5.11% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Idealista |
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Research Methodology:
Rental yields are updated twice a year based on asking rents and asking purchase prices for 1-, 2-, and 3-bedroom apartments in Spain's major cities.
We source data from leading local property portals, capturing current market conditions as reflected in active listings.
All figures are gross yields — before taxes, maintenance, vacancies, or other costs. Net yields are typically 1.5%–2% lower.
