Municipality · Jaén

Investing in Mengíbar: 4 €/m²/month in rent and 5.4% gross yield

Buying in Mengíbar costs 842 €/m² on average and renting goes for 4 €/m² a month, leaving a gross yield of 5.4% before costs and taxes. It sits clearly above the Spanish average (4.2%), with purchase prices below the Spanish average.

4 €/m²/monthRent90 m² home: €340/month
842 €/m²Purchase90 m² home: €75,780
5.4%Gross yieldAnnual rent over purchase price
99/100Momentum50 = flat market
The map

Mengíbar within Jaén

Where the municipality sits and how it compares with its neighbours.

Jaén · 4.9% gross yieldLinares · 5.5% gross yieldAndújar · 5.3% gross yieldÚbeda · 5.0% gross yieldMartos · 5.1% gross yieldAlcalá la Real · 5.4% gross yieldBailén · 5.0% gross yieldBaeza · 5.1% gross yieldCarolina, La · 5.1% gross yieldTorredelcampo · 5.0% gross yieldTorredonjimeno · 5.5% gross yieldMancha Real · 6.5% gross yieldJódar · 5.6% gross yieldVillacarrillo · 5.9% gross yieldAlcaudete · 6.1% gross yieldVillanueva del Arzobispo · 5.9% gross yieldTorreperogil · 5.9% gross yieldCazorla · 5.4% gross yieldMarmolejo · 5.1% gross yieldVillares, Los · 5.4% gross yieldPorcuna · 5.2% gross yieldHuelma · 5.5% gross yieldArjona · 5.8% gross yieldPeal de Becerro · 5.8% gross yieldGuardia de Jaén, La · 5.1% gross yieldBeas de Segura · 6.2% gross yieldQuesada · 5.6% gross yieldPozo Alcón · 6.1% gross yieldSantisteban del Puerto · 6.3% gross yieldNavas de San Juan · 5.6% gross yieldVillatorres · 5.8% gross yieldVilches · 5.8% gross yieldCastillo de Locubín · 6.1% gross yieldSabiote · 6.0% gross yieldArjonilla · 5.6% gross yieldLopera · 6.1% gross yieldValdepeñas de Jaén · 5.7% gross yieldRus · 5.8% gross yieldJamilena · 5.3% gross yieldCastellar · 6.0% gross yieldFuensanta de Martos · 6.0% gross yieldVillanueva de la Reina · 5.8% gross yieldBegíjar · 6.0% gross yieldPegalajar · 5.3% gross yieldIbros · 6.1% gross yieldGuarromán · 5.9% gross yieldCambil · 6.3% gross yieldSantiago-Pontones · 6.2% gross yieldBedmar y Garcíez · 6.1% gross yieldBaños de la Encina · 6.1% gross yieldHuesa · 6.1% gross yieldTorreblascopedro · 6.2% gross yieldPuerta de Segura, La · 5.7% gross yieldPuente de Génave · 5.6% gross yieldArroyo del Ojanco · 6.2% gross yieldSiles · 6.3% gross yieldSanto Tomé · 6.1% gross yieldJabalquinto · 6.2% gross yieldIruela, La · 5.8% gross yieldNoalejo · 5.7% gross yieldCanena · 5.7% gross yieldOrcera · 6.2% gross yieldCampillo de Arenas · 5.8% gross yieldSegura de la Sierra · 5.7% gross yieldArquillos · 6.0% gross yieldCabra del Santo Cristo · 6.3% gross yieldMontizón · 6.3% gross yieldFrailes · 6.1% gross yieldLahiguera · 6.2% gross yieldBélmez de la Moraleda · 6.3% gross yieldFuerte del Rey · 5.8% gross yieldTorres · 6.1% gross yieldChilluévar · 6.6% gross yieldCárcheles · 5.6% gross yieldJimena · 6.2% gross yieldSorihuela del Guadalimar · 6.8% gross yieldAlbanchez de Mágina · 6.3% gross yieldEscañuela · 6.2% gross yieldVillardompardo · 7.0% gross yieldIznatoraf · 5.9% gross yieldSanta Elena · 5.6% gross yieldChiclana de Segura · 6.6% gross yieldLupión · 6.3% gross yieldCazalilla · 6.2% gross yieldTorres de Albánchez · 6.8% gross yieldSantiago de Calatrava · 6.4% gross yieldCarboneros · 5.7% gross yieldEspeluy · 6.6% gross yieldHiguera de Calatrava · 6.5% gross yieldHornos · 5.8% gross yieldGénave · 5.9% gross yieldAldeaquemada · 6.5% gross yieldLarva · 7.1% gross yieldBenatae · 5.6% gross yieldVillarrodrigo · not enough dataHinojares · 6.8% gross yieldMengíbar · 5.4% gross yield Mengíbar5.4%Andújar5.3%Santiago-Pontones6.2%Jaén4.9%Úbeda5.0%Quesada5.6%Cazorla5.4% Mengíbar5.4%Andújar5.3%
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 80 of 96 among the municipalities of its province.

Mengíbar has 10,250 residents, an average gross household income of €22,421 a year, an approximate unemployment rate of 11% (below 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 5.4%Above the Spanish average (4.2%) on the same calculation method.
  • Momentum 99/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • 4.4 transactions per 1,000 residentsA market with high turnover: reselling is easier than the national average.
  • Net migration of 23.8‰More people arrive than leave, above the Spanish average: sustained housing demand.
  • 2 properties analysedWe hold stock for sale here, each with its own investment score.

Against

  • 0.67 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 Mengíbar and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

18.6 yearsPrice / Rent (PER)Years of rent to pay off the purchase
3.4 yearsAffordabilityHousehold incomes to pay for 90 m²
18%Rent burdenAnnual rent as a share of household income
0.57%Urban IBIRate approved by the town hall
842 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
4 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
5.4%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

Mengíbar's percentile among the municipalities with enough data, computed on the same figure for all of them.

Gross yield5.4%
41
PeorMedianaMejor
Rent level4 €/m²/month
70
PeorMedianaMejor
Momentum99/100
95
PeorMedianaMejor

Within Jaén it ranks 80 of 96 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.

4.4Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
11%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€22,421Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
23.8‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.67Repossession pressure
Spain 0.55 housing repossessions per 1,000 dwellings of the provincial stock · 2025

Repossessions are a provincial figure (INE): they describe the market in Jaén, not this municipality alone.

The costs

Municipal costs and taxes

What the town hall and the cadastre set for this municipality, which is what the owner pays every year whether it is let or not.

0.570%Urban IBI rateApproved by the town hall
1999Last cadastral revisionThe older it is, the more outdated the cadastral value
€216/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

Official series for Mengíbar over recent years. Where a series is missing, the municipality does not publish it.

Housing transactions

MIVAU · deals per year

+16.1% interanual
130 20112015201820222025 97 · 201197 · 201174 · 201274 · 201271 · 201371 · 201359 · 201459 · 201458 · 201558 · 201595 · 201695 · 201671 · 201771 · 201788 · 201888 · 201877 · 201977 · 201983 · 202083 · 202093 · 202193 · 2021106 · 2022106 · 2022126 · 2023126 · 2023112 · 2024112 · 2024130 · 2025130 · 2025

Registered unemployment

SEPE · yearly average

−5.2% interanual
771 20192021202320242026 960 · 2019960 · 20191,149 · 20201,149 · 20201,079 · 20211,079 · 20211,029 · 20221,029 · 2022964 · 2023964 · 2023887 · 2024887 · 2024813 · 2025813 · 2025771 · 2026771 · 2026

Average gross income

AEAT · annual tax return

+2.1% interanual
€22,421 20132016201820212023 €17,511 · 2013€17,511 · 2013€17,608 · 2014€17,608 · 2014€18,010 · 2015€18,010 · 2015€19,461 · 2016€19,461 · 2016€19,213 · 2017€19,213 · 2017€19,812 · 2018€19,812 · 2018€20,175 · 2019€20,175 · 2019€19,772 · 2020€19,772 · 2020€20,961 · 2021€20,961 · 2021€21,970 · 2022€21,970 · 2022€22,421 · 2023€22,421 · 2023

Registered population

INE · yearly population register

0.0% interanual
10,250 20112014201820222025 9,732 · 20119,732 · 20119,732 · 20119,732 · 20119,908 · 20129,908 · 20129,908 · 20129,908 · 20129,973 · 20139,973 · 20139,973 · 20139,973 · 20139,943 · 20149,943 · 20149,943 · 20149,943 · 20149,935 · 20159,935 · 20159,935 · 20159,935 · 20159,921 · 20169,921 · 20169,921 · 20169,921 · 20169,916 · 20179,916 · 20179,916 · 20179,916 · 20179,927 · 20189,927 · 20189,927 · 20189,927 · 20189,941 · 20199,941 · 20199,941 · 20199,941 · 20199,997 · 20209,997 · 20209,997 · 20209,997 · 20209,973 · 20219,973 · 20219,973 · 20219,973 · 20219,965 · 20229,965 · 20229,965 · 20229,965 · 202210,041 · 202310,041 · 202310,041 · 202310,041 · 202310,011 · 202410,011 · 202410,011 · 202410,011 · 202410,250 · 202510,250 · 202510,250 · 202510,250 · 2025

Net international migration

INE · immigration − emigration · yearly

+216.9% interanual
244 2021202220232024 -8 · 2021-8 · 202159 · 202259 · 202277 · 202377 · 2023244 · 2024244 · 2024
Nearby

Alternatives in Jaén

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

The inventory

What is for sale in Mengíbar

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

2Properties analysed
€18,250Median priceOf the adverts for sale

See the 2 properties in Mengíbar

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

What this page does not show is what is not published about the municipality, not a zero.

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

When each figure is from

This is the latest figure published by each source for this municipality.

rent
2025
sale
2025
household income
2023
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.