Municipality · Ciudad Real

Investing in Picón: 3 €/m²/month in rent and 7.1% gross yield

Buying in Picón costs 462 €/m² on average and renting goes for 3 €/m² a month, leaving a gross yield of 7.1% before costs and taxes. It sits clearly above the Spanish average (4.2%), with purchase prices below the Spanish average.

3 €/m²/monthRent90 m² home: €246/month
462 €/m²Purchase90 m² home: €41,580
7.1%Gross yieldAnnual rent over purchase price
75/100Momentum50 = flat market
The map

Picón within Ciudad Real

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

Ciudad Real · 4.9% gross yieldPuertollano · 7.1% gross yieldTomelloso · 6.4% gross yieldAlcázar de San Juan · 6.3% gross yieldValdepeñas · 6.4% gross yieldManzanares · 6.1% gross yieldDaimiel · 6.1% gross yieldMiguelturra · 5.9% gross yieldSolana, La · 5.8% gross yieldCampo de Criptana · 6.1% gross yieldSocuéllamos · 6.3% gross yieldBolaños de Calatrava · 6.3% gross yieldVillarrubia de los Ojos · 6.7% gross yieldAlmagro · 6.4% gross yieldHerencia · 6.9% gross yieldMalagón · 5.9% gross yieldPedro Muñoz · 6.5% gross yieldArgamasilla de Alba · 6.4% gross yieldArgamasilla de Calatrava · 5.8% gross yieldMembrilla · 6.2% gross yieldAlmodóvar del Campo · 6.5% gross yieldMoral de Calatrava · 6.2% gross yieldAlmadén · 7.0% gross yieldVillanueva de los Infantes · 7.1% gross yieldPiedrabuena · 6.4% gross yieldPozuelo de Calatrava · 6.2% gross yieldSanta Cruz de Mudela · 7.0% gross yieldCalzada de Calatrava · 6.7% gross yieldPorzuna · 6.5% gross yieldCarrión de Calatrava · 6.2% gross yieldTorralba de Calatrava · 6.4% gross yieldFuente el Fresno · 6.1% gross yieldPoblete · 6.1% gross yieldVillarta de San Juan · 6.4% gross yieldTorrenueva · 5.2% gross yieldViso del Marqués · 6.9% gross yieldVillanueva de la Fuente · 7.1% gross yieldChillón · 6.9% gross yieldCastellar de Santiago · 6.9% gross yieldVillahermosa · 7.2% gross yieldAgudo · 7.4% gross yieldAldea del Rey · 7.4% gross yieldAlcolea de Calatrava · 6.2% gross yieldAbenójar · 7.3% gross yieldMontiel · 6.8% gross yieldCorral de Calatrava · 6.7% gross yieldPuebla de Don Rodrigo · 6.5% gross yieldCarrizosa · 7.2% gross yieldRobledo, El · 6.2% gross yieldSan Carlos del Valle · 7.0% gross yieldVillamanrique · 7.5% gross yieldArenas de San Juan · 6.3% gross yieldBrazatortas · 7.0% gross yieldFuencaliente · 6.6% gross yieldFernán Caballero · 6.6% gross yieldAlhambra · 7.1% gross yieldTorre de Juan Abad · 6.6% gross yieldCózar · 7.6% gross yieldRetuerta del Bullaque · 7.3% gross yieldCortijos, Los · 6.9% gross yieldPuerto Lápice · 6.9% gross yieldHorcajo de los Montes · 7.2% gross yieldAlmuradiel · 7.4% gross yieldGuadalmez · 7.5% gross yieldGranátula de Calatrava · 6.9% gross yieldLlanos del Caudillo · 7.0% gross yieldPuebla del Príncipe · 7.4% gross yieldValenzuela de Calatrava · 7.1% gross yieldMestanza · 7.3% gross yieldArenales de San Gregorio · 6.8% gross yieldVillamayor de Calatrava · 6.8% gross yieldTerrinches · 7.4% gross yieldAlcoba · 6.3% gross yieldLabores, Las · 6.5% gross yieldRuidera · 6.6% gross yieldSaceruela · 7.2% gross yieldHinojosas de Calatrava · 6.9% gross yieldAlbaladejo · not enough dataCabezarrubias del Puerto · 7.6% gross yieldAlmedina · 6.5% gross yieldSanta Cruz de los Cáñamos · 7.3% gross yieldAlamillo · 7.7% gross yieldAlcubillas · 6.6% gross yieldArroba de los Montes · 6.8% gross yieldAlmadenejos · not enough dataBallesteros de Calatrava · 7.2% gross yieldLuciana · 6.6% gross yieldSolana del Pino · 7.3% gross yieldPozuelos de Calatrava, Los · not enough dataCabezarados · 7.9% gross yieldNavas de Estena · 7.1% gross yieldAnchuras · 8.1% gross yieldVillanueva de San Carlos · 7.2% gross yieldFontanarejo · 7.6% gross yieldNavalpino · 7.5% gross yieldFuenllana · 6.8% gross yieldSan Lorenzo de Calatrava · 7.1% gross yieldValdemanco del Esteras · 6.7% gross yieldCaracuel de Calatrava · 6.9% gross yieldCañada de Calatrava · 6.7% gross yieldVillar del Pozo · 7.8% gross yieldPicón · 7.1% gross yield Picón7.1%Almodóvar del Campo6.5%Retuerta del Bullaque7.3%Viso del Marqués6.9%Piedrabuena6.4%Alhambra7.1%Valdepeñas6.4%Manzanares6.1%Daimiel6.1%Abenójar7.3% Picón7.1%
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 28 of 99 among the municipalities of its province.

Picón has 690 residents. These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Gross yield of 7.1%Above the Spanish average (4.2%) on the same calculation method.
  • Momentum 75/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • 5.8 transactions per 1,000 residentsA market with high turnover: reselling is easier than the national average.

Against

No notable risks in the available data.

The market

What it costs and what it earns

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

14.1 yearsPrice / Rent (PER)Years of rent to pay off the purchase
0.60%Urban IBIRate approved by the town hall
462 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
3 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
7.1%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

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

Gross yield7.1%
92
PeorMedianaMejor
Rent level3 €/m²/month
45
PeorMedianaMejor
Momentum75/100
84
PeorMedianaMejor

Within Ciudad Real it ranks 28 of 99 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.

5.8Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
-1.5‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.3Repossession 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 Ciudad Real, 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.

0.600%Urban IBI rateApproved by the town hall
1990Last cadastral revisionThe older it is, the more outdated the cadastral value
€125/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

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

Housing transactions

MIVAU · deals per year

0.0% interanual
7 20112015201820222025 4 · 20114 · 20111 · 20121 · 201226 · 201326 · 20131 · 20141 · 20145 · 20155 · 20155 · 20165 · 20164 · 20174 · 20174 · 20184 · 20184 · 20194 · 201912 · 202012 · 20203 · 20213 · 202113 · 202213 · 20229 · 20239 · 20237 · 20247 · 20247 · 20257 · 2025

Registered unemployment

SEPE · yearly average

−4.2% interanual
46 20192021202320242026 73 · 201973 · 201972 · 202072 · 202059 · 202159 · 202153 · 202253 · 202254 · 202354 · 202353 · 202453 · 202448 · 202548 · 202546 · 202646 · 2026

Registered population

INE · yearly population register

0.0% interanual
690 20112014201820222025 702 · 2011702 · 2011702 · 2011702 · 2011702 · 2012702 · 2012702 · 2012702 · 2012709 · 2013709 · 2013709 · 2013709 · 2013712 · 2014712 · 2014712 · 2014712 · 2014698 · 2015698 · 2015698 · 2015698 · 2015685 · 2016685 · 2016685 · 2016685 · 2016671 · 2017671 · 2017671 · 2017671 · 2017654 · 2018654 · 2018654 · 2018654 · 2018658 · 2019658 · 2019658 · 2019658 · 2019668 · 2020668 · 2020668 · 2020668 · 2020661 · 2021661 · 2021661 · 2021661 · 2021667 · 2022667 · 2022667 · 2022667 · 2022679 · 2023679 · 2023679 · 2023679 · 2023690 · 2024690 · 2024690 · 2024690 · 2024690 · 2025690 · 2025690 · 2025690 · 2025

Net international migration

INE · immigration − emigration · yearly

−150.0% interanual
-1 2021202220232024 4 · 20214 · 202121 · 202221 · 20222 · 20232 · 2023-1 · 2024-1 · 2024
Nearby

Alternatives in Ciudad Real

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

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

70/100

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
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.