Province

Investing in Córdoba: 5 €/m²/month in rent and 5.1% gross yield

Buying in Córdoba costs 1,179 €/m² on average and renting goes for 5 €/m² a month, leaving a gross yield of 5.1% before costs and taxes. It sits clearly above the Spanish average (4.2%), with purchase prices below the Spanish average.

5 €/m²/monthRent90 m² home: €453/month
1,179 €/m²Purchase90 m² home: €106,110
5.1%Gross yieldAnnual rent over purchase price
50/100Momentum50 = flat market
The map

The map of Córdoba

Its municipalities, coloured by gross yield. Grey ones publish too little data.

Córdoba · 4.8% gross yieldLucena · 4.9% gross yieldPuente Genil · 5.0% gross yieldMontilla · 5.1% gross yieldPriego de Córdoba · 5.4% gross yieldPalma del Río · 5.0% gross yieldCabra · 4.7% gross yieldBaena · 5.3% gross yieldPozoblanco · 5.1% gross yieldCarlota, La · 5.3% gross yieldAguilar de la Frontera · 5.9% gross yieldPeñarroya-Pueblonuevo · 5.7% gross yieldFuente Palmera · 5.1% gross yieldRute · 5.3% gross yieldFernán-Núñez · 6.0% gross yieldMontoro · 5.7% gross yieldVillanueva de Córdoba · 6.0% gross yieldAlmodóvar del Río · 5.4% gross yieldCastro del Río · 6.0% gross yieldRambla, La · 5.5% gross yieldPosadas · 5.3% gross yieldBujalance · 5.7% gross yieldVilla del Río · 5.0% gross yieldHinojosa del Duque · 6.3% gross yieldNueva Carteya · 5.6% gross yieldBenamejí · 5.3% gross yieldVillafranca de Córdoba · 5.5% gross yieldSantaella · 5.8% gross yieldDoña Mencía · 5.5% gross yieldMontalbán de Córdoba · 5.5% gross yieldHornachuelos · 5.6% gross yieldCarpio, El · 5.1% gross yieldFuente Obejuna · 6.2% gross yieldAdamuz · 5.8% gross yieldMontemayor · 5.4% gross yieldIznájar · 5.9% gross yieldMoriles · 5.5% gross yieldEspejo · 5.6% gross yieldBelalcázar · 6.2% gross yieldVillaviciosa de Córdoba · 6.1% gross yieldBelmez · 6.2% gross yieldLuque · 5.8% gross yieldPedro Abad · 5.8% gross yieldCañete de las Torres · 5.9% gross yieldViso, El · 6.1% gross yieldDos Torres · 6.0% gross yieldEspiel · 5.6% gross yieldVictoria, La · 5.3% gross yieldAlmedinilla · 5.9% gross yieldCarcabuey · 5.6% gross yieldEncinas Reales · 5.6% gross yieldObejo · 5.4% gross yieldMonturque · 5.7% gross yieldGuadalcázar · 5.3% gross yieldAlcaracejos · 6.2% gross yieldAñora · 6.0% gross yieldPedroche · 6.7% gross yieldPalenciana · 6.1% gross yieldVillanueva del Duque · 6.3% gross yieldCardeña · 5.9% gross yieldGuijarrosa, La · 5.9% gross yieldFuente Carreteros · 5.4% gross yieldVillaralto · 6.3% gross yieldVillanueva del Rey · 6.2% gross yieldValenzuela · 6.0% gross yieldTorrecampo · 6.2% gross yieldSan Sebastián de los Ballesteros · 5.6% gross yieldSanta Eufemia · 6.0% gross yieldFuente-Tójar · 6.6% gross yieldVillaharta · 5.7% gross yieldBlázquez, Los · 6.5% gross yieldZuheros · 5.5% gross yieldGranjuela, La · 6.8% gross yieldConquista · 6.2% gross yieldValsequillo · 6.7% gross yieldGuijo, El · 6.3% gross yieldFuente la Lancha · 6.8% gross yield Córdoba4.8%Hornachuelos5.6%Montoro5.7%
Gross yield < 3%3–4 %4–5 %5–6 %≥ 6% sin datos

Administrative boundaries from the Spanish National Geographic Institute (CC BY 4.0). The Canary Islands are drawn shifted, as on any map of Spain.

The verdict

What the analysis sees

The specific signals the official data leaves about this market, before going into detail.

On gross yield it ranks 2 of 8 among the provinces of its region.

Córdoba has 772,153 residents, an average gross household income of €24,468 a year, an approximate unemployment rate of 14% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Gross yield of 5.1%Above the Spanish average (4.2%) on the same calculation method.
  • 92 properties analysedWe hold stock for sale here, each with its own investment score.

Against

  • Approximate unemployment of 14%Above the Spanish average: this is market context, not a measure of tenant risk.
  • 0.84 repossessions per 1,000 dwellingsRepossession pressure above the average, a provincial figure that signals market stress.
The market

What it costs and what it earns

The market level in Córdoba and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

19.5 yearsPrice / Rent (PER)Years of rent to pay off the purchase
4.3 yearsAffordabilityHousehold incomes to pay for 90 m²
22%Rent burdenAnnual rent as a share of household income
0.62%Urban IBIHousing-stock-weighted average

Within Córdoba municipalities sit on average 25% away from that figure: real dispersion between local markets, not the estimate's margin of error. Drill down to a municipality to see its own.

1,179 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
5 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
5.1%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The contrast

Expensive or profitable

Each municipality with enough data placed by what it costs to buy and what it earns. Top left is cheap and profitable; bottom right is expensive and earns little.

Spain 2,028 €/m²Spain 4.2% Córdoba · 1,774 €/m² · 4.8%Lucena · 1,115 €/m² · 4.9%Puente Genil · 1,003 €/m² · 5.0%Montilla · 1,024 €/m² · 5.1%Priego de Córdoba · 1,079 €/m² · 5.4%Palma del Río · 1,202 €/m² · 5.0%Cabra · 1,447 €/m² · 4.7%Baena · 934 €/m² · 5.3%Pozoblanco · 1,105 €/m² · 5.1%Carlota, La · 938 €/m² · 5.3%Aguilar de la Frontera · 617 €/m² · 5.9%Peñarroya-Pueblonuevo · 712 €/m² · 5.7%Fuente Palmera · 1,091 €/m² · 5.1%Rute · 947 €/m² · 5.3%Fernán-Núñez · 608 €/m² · 6.0%Montoro · 740 €/m² · 5.7%Villanueva de Córdoba · 619 €/m² · 6.0%Almodóvar del Río · 994 €/m² · 5.4%Castro del Río · 590 €/m² · 6.0%Rambla, La · 833 €/m² · 5.5%Posadas · 968 €/m² · 5.3%Bujalance · 719 €/m² · 5.7%Villa del Río · 1,111 €/m² · 5.0%Hinojosa del Duque · 490 €/m² · 6.3%Nueva Carteya · 791 €/m² · 5.6%Benamejí · 994 €/m² · 5.3%Villafranca de Córdoba · 809 €/m² · 5.5%Santaella · 679 €/m² · 5.8%Doña Mencía · 828 €/m² · 5.5%Montalbán de Córdoba · 796 €/m² · 5.5%Hornachuelos · 765 €/m² · 5.6%Carpio, El · 1,026 €/m² · 5.1%Fuente Obejuna · 545 €/m² · 6.2%Adamuz · 683 €/m² · 5.8%Montemayor · 867 €/m² · 5.4%Iznájar · 639 €/m² · 5.9%Moriles · 817 €/m² · 5.5%Espejo · 758 €/m² · 5.6%Belalcázar · 535 €/m² · 6.2%Villaviciosa de Córdoba · 576 €/m² · 6.1%Belmez · 545 €/m² · 6.2%Luque · 657 €/m² · 5.8%Pedro Abad · 683 €/m² · 5.8%Cañete de las Torres · 652 €/m² · 5.9%Viso, El · 559 €/m² · 6.1%Dos Torres · 590 €/m² · 6.0%Espiel · 708 €/m² · 5.6%Victoria, La · 963 €/m² · 5.3%Almedinilla · 634 €/m² · 5.9%Carcabuey · 788 €/m² · 5.6%Encinas Reales · 747 €/m² · 5.6%Obejo · 886 €/m² · 5.4%Monturque · 722 €/m² · 5.7%Guadalcázar · 926 €/m² · 5.3%Alcaracejos · 526 €/m² · 6.2%Añora · 588 €/m² · 6.0%Pedroche · 472 €/m² · 6.7%Palenciana · 566 €/m² · 6.1%Villanueva del Duque · 500 €/m² · 6.3%Cardeña · 629 €/m² · 5.9%Guijarrosa, La · 644 €/m² · 5.9%Fuente Carreteros · 909 €/m² · 5.4%Villaralto · 511 €/m² · 6.3%Villanueva del Rey · 537 €/m² · 6.2%Valenzuela · 593 €/m² · 6.0%Torrecampo · 525 €/m² · 6.2%San Sebastián de los Ballesteros · 762 €/m² · 5.6%Santa Eufemia · 598 €/m² · 6.0%Fuente-Tójar · 418 €/m² · 6.6%Villaharta · 718 €/m² · 5.7%Blázquez, Los · 450 €/m² · 6.5%Zuheros · 829 €/m² · 5.5% PedrocheFuente-TójarBlázquez, LosCórdobaCabraLucenaPuente GenilMontillaPriego de CórdobaPalma del RíoBaenaPozoblancoAguilar de la FronteraPeñarroya-PueblonuevoFernán-NúñezMontoroAlmodóvar del RíoCastro del RíoRambla, LaBujalanceSantaellaHornachuelosFuente ObejunaBelalcázarAlcaracejosVillaralto PedrocheFuente-TójarCórdobaCabraLucenaPuente Genil 500 €/m²1,000 €/m²1,500 €/m² 5.0%6.0%7.0% Gross yield Purchase price (€/m²)
The comparison

Where it stands against the rest

Córdoba's percentile among the 52 provinces, computed on the same figure for all of them.

Gross yield5.1%
78
PeorMedianaMejor
Rent level5 €/m²/month
37
PeorMedianaMejor
Momentum50/100
18
PeorMedianaMejor

Within Andalucía it ranks 2 of 8 on gross yield.

The demand

Demand, employment and liquidity

The structural depth of the market: how many people live here, what they earn, how much changes hands and what stress it carries. This is market context, never a measure of tenant risk.

3.3Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
14%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€24,468Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
3.9‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.84Repossession pressure
Spain 0.55 housing repossessions per 1,000 dwellings of the provincial stock · 2025
The risk

Housing repossessions

A figure the INE only publishes per province: how many urban dwellings end in repossession, against the total stock. It measures market stress, not tenant risk.

0.84Repossessions per 1,000 dwellings2025
3.3Market turnoverTransactions a year per 1,000 residents
77Municipalities in the provinceEach with its own guide
Inside Córdoba

The municipalities of Córdoba

The 40 most populated with their market level; the remaining 37 are linked below.

TerritoryPurchaseRentGross yieldMomentumAdverts
CórdobaIn line with the Spanish average 1,774 €/m² 7 €/m²/month 4.8% 52/100 41
LucenaYield above the average 1,115 €/m² 5 €/m²/month 4.9% 56/100 6
Puente GenilYield above the average 1,003 €/m² 4 €/m²/month 5.0% 51/100 1
MontillaYield above the average 1,024 €/m² 4 €/m²/month 5.1% 52/100 1
Priego de CórdobaYield above the average 1,079 €/m² 5 €/m²/month 5.4% 54/100 3
Palma del RíoYield above the average 1,202 €/m² 5 €/m²/month 5.0% 45/100
CabraIn line with the Spanish average 1,447 €/m² 6 €/m²/month 4.7% 46/100 1
BaenaYield above the average 934 €/m² 4 €/m²/month 5.3% 56/100
PozoblancoYield above the average 1,105 €/m² 5 €/m²/month 5.1% 69/100 8
Carlota, LaYield above the average 938 €/m² 4 €/m²/month 5.3% 43/100
Aguilar de la FronteraYield above the average 617 €/m² 3 €/m²/month 5.9% 29/100 1
Peñarroya-PueblonuevoYield above the average 712 €/m² 3 €/m²/month 5.7% 57/100 3
Fuente PalmeraYield above the average 1,091 €/m² 5 €/m²/month 5.1% 43/100
RuteYield above the average 947 €/m² 4 €/m²/month 5.3% 33/100 3
Fernán-NúñezYield above the average 608 €/m² 3 €/m²/month 6.0% 78/100 1
MontoroYield above the average 740 €/m² 3 €/m²/month 5.7% 52/100
Villanueva de CórdobaYield above the average 619 €/m² 3 €/m²/month 6.0% 19/100
Almodóvar del RíoYield above the average 994 €/m² 4 €/m²/month 5.4% 62/100 1
Castro del RíoYield above the average 590 €/m² 3 €/m²/month 6.0% 60/100 2
Rambla, LaYield above the average 833 €/m² 4 €/m²/month 5.5% 22/100
PosadasYield above the average 968 €/m² 4 €/m²/month 5.3% 32/100 1
BujalanceYield above the average 719 €/m² 3 €/m²/month 5.7% 63/100
Villa del RíoYield above the average 1,111 €/m² 5 €/m²/month 5.0% 52/100 1
Hinojosa del DuqueYield above the average 490 €/m² 3 €/m²/month 6.3% 34/100
Nueva CarteyaYield above the average 791 €/m² 4 €/m²/month 5.6% 41/100
BenamejíYield above the average 994 €/m² 4 €/m²/month 5.3% 22/100
Villafranca de CórdobaYield above the average 809 €/m² 4 €/m²/month 5.5% 71/100 1
SantaellaYield above the average 679 €/m² 3 €/m²/month 5.8% 72/100
Doña MencíaYield above the average 828 €/m² 4 €/m²/month 5.5% 31/100 1
Montalbán de CórdobaYield above the average 796 €/m² 4 €/m²/month 5.5% 36/100
HornachuelosYield above the average 765 €/m² 4 €/m²/month 5.6% 31/100 1
Carpio, ElYield above the average 1,026 €/m² 4 €/m²/month 5.1% 25/100 5
Fuente ObejunaYield above the average 545 €/m² 3 €/m²/month 6.2% 16/100
AdamuzYield above the average 683 €/m² 3 €/m²/month 5.8% 77/100
MontemayorYield above the average 867 €/m² 4 €/m²/month 5.4% 68/100 1
IznájarYield above the average 639 €/m² 3 €/m²/month 5.9% 15/100 2
MorilesYield above the average 817 €/m² 4 €/m²/month 5.5% 82/100
EspejoYield above the average 758 €/m² 4 €/m²/month 5.6% 74/100
BelalcázarYield above the average 535 €/m² 3 €/m²/month 6.2% 48/100
Villaviciosa de CórdobaYield above the average 576 €/m² 3 €/m²/month 6.1% 18/100
Nearby

Alternatives in Andalucía

Territories of the same level ranked by gross yield, to compare before deciding.

The inventory

What is for sale in Córdoba

Our catalogue in this territory, with an investment score computed property by property.

92Properties analysed3 at auction
€61,020Median priceOf the adverts for sale
50/100Median scoreMedian investment quality of the catalogue

See the 92 properties in Córdoba

The method

How this page is calculated

Where each figure comes from, over which territory and from what date. Confidence measures data coverage, never investment quality.

Data coverage

100/100

Córdoba covers 77 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.

  • official rent series (SERPAVI) 3 of 77
  • series sufficient to measure momentum 77 of 77
  • official appraised value (MIVAU) 3 of 77
  • estimated market level 77 of 77
  • our own adverts 27 of 77

When each figure is from

For an aggregate we show the oldest figure from each source, since that is what limits how the whole can be read.

rent
2024
sale
2025
household income
2022
official appraisal
2026Q1
population register
2025
registered transactions
2026Q1
registered unemployment
2026M06
MIVAUAppraised housing value and registered transactions
SERPAVIOfficial reference rent index
INEPopulation register, migration and repossessions
AEATAverage gross household income
SEPE and Social SecurityRegistered unemployment and contributions
CatastroCadastral value, age and IBI rate
InmobliaOur own catalogue of adverts, each with its investment score

An indicative statistical estimate for comparing markets, not an appraisal or an investment recommendation. Gross yield does not deduct costs, IBI, insurance, voids or taxes.