Investing in Granada: 5 €/m²/month in rent and 4.3% gross yield
Buying in Granada costs 1,432 €/m² on average and renting goes for 5 €/m² a month, leaving a gross yield of 4.3% before costs and taxes. It is essentially the Spanish average (4.2%), with purchase prices below the Spanish average.
The map of Granada
Its municipalities, coloured by gross yield. Grey ones publish too little data.
Administrative boundaries from the Spanish National Geographic Institute (CC BY 4.0). The Canary Islands are drawn shifted, as on any map of Spain.
What the analysis sees
The specific signals the official data leaves about this market, before going into detail.
On gross yield it ranks 6 of 8 among the provinces of its region.
Granada has 942,618 residents, an average gross household income of €25,775 a year, an approximate unemployment rate of 16% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.
In favour
- 3.9 transactions per 1,000 residentsA market with high turnover: reselling is easier than the national average.
- 534 properties analysedWe hold stock for sale here, each with its own investment score.
Against
- Approximate unemployment of 16%Above the Spanish average: this is market context, not a measure of tenant risk.
- 0.72 repossessions per 1,000 dwellingsRepossession pressure above the average, a provincial figure that signals market stress.
What it costs and what it earns
The market level in Granada and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².
Within Granada municipalities sit on average 36% 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.
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.
Where it stands against the rest
Granada's percentile among the 52 provinces, computed on the same figure for all of them.
Within Andalucía it ranks 6 of 8 on gross yield.
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.
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.
The municipalities of Granada
The 40 most populated with their market level; the remaining 134 are linked below.
The rest of the municipalities of Granada
Alternatives in Andalucía
Territories of the same level ranked by gross yield, to compare before deciding.
What is for sale in Granada
Our catalogue in this territory, with an investment score computed property by property.
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
100/100Granada covers 174 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.
- official rent series (SERPAVI) 4 of 174
- series sufficient to measure momentum 174 of 174
- official appraised value (MIVAU) 3 of 174
- estimated market level 171 of 174
- our own adverts 78 of 174
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
- 2024
- household income
- 2013
- official appraisal
- 2026Q1
- population register
- 2025
- registered transactions
- 2026Q1
- registered unemployment
- 2026M06
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.