Autonomous region

Investing in Catalunya: 9 €/m²/month in rent and 4.2% gross yield

Buying in Catalunya costs 2,500 €/m² on average and renting goes for 9 €/m² a month, leaving a gross yield of 4.2% before costs and taxes. It is essentially the Spanish average (4.2%), with purchase prices above the Spanish average.

9 €/m²/monthRent90 m² home: €781/month
2,500 €/m²Purchase90 m² home: €225,000
4.2%Gross yieldAnnual rent over purchase price
62/100Momentum50 = flat market
The map

The provinces of Catalunya

Coloured by gross yield, on the same scale as the rest of the country.

Barcelona · 4.1% gross yieldTarragona · 4.4% gross yieldGirona · 4.4% gross yieldLleida · 5.0% gross yield Lleida5.0%Barcelona4.1%Tarragona4.4%Girona4.4% Lleida5.0%Barcelona4.1%Tarragona4.4%Girona4.4%
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 14 of 19 among the autonomous regions.

Catalunya has 8,146,265 residents, an average gross household income of €35,667 a year, an approximate unemployment rate of 9% (below the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Momentum 62/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • Net migration of 15.8‰More people arrive than leave, above the Spanish average: sustained housing demand.
  • Approximate unemployment of 9%A stronger labour market than the Spanish average, measured on registered unemployed and contributors.
  • 14,830 properties analysedWe hold stock for sale here, each with its own investment score.

Against

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

24 yearsPrice / Rent (PER)Years of rent to pay off the purchase
6.3 yearsAffordabilityHousehold incomes to pay for 90 m²
26%Rent burdenAnnual rent as a share of household income
0.79%Urban IBIHousing-stock-weighted average

Within Catalunya municipalities sit on average 51% 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.

2,500 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
9 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
4.2%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The contrast

Expensive or profitable

Each province 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% Barcelona · 2,975 €/m² · 4.1%Tarragona · 1,591 €/m² · 4.4%Girona · 1,832 €/m² · 4.4%Lleida · 1,066 €/m² · 5.0% LleidaTarragonaGironaBarcelona LleidaTarragonaGironaBarcelona 1,000 €/m²2,000 €/m²3,000 €/m² 4.0%4.5%5.0% Gross yield Purchase price (€/m²)
The comparison

Where it stands against the rest

Catalunya's percentile among the 19 regions, computed on the same figure for all of them.

Gross yield4.2%
28
PeorMedianaMejor
Rent level9 €/m²/month
72
PeorMedianaMejor
Momentum62/100
72
PeorMedianaMejor

Within España it ranks 14 of 19 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.

3.2Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
9%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€35,667Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
15.8‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.74Repossession pressure
Spain 0.55 housing repossessions per 1,000 dwellings of the provincial stock · 2025
Inside Catalunya

The provinces of Catalunya

Each with its market level and gross yield, computed the same way as this page's so they can be compared.

The ranking

Municipalities with the highest gross yield for Catalunya

Only municipalities with enough data to support the figure. Gross yield is before costs, IBI and taxes.

MunicipalityPurchaseRentGross yieldMomentumAdverts
RajadellYield above the average 777 €/m² 6 €/m²/month 9.1% 35/100
SúriaYield above the average 635 €/m² 5 €/m²/month 8.7% 43/100 5
Alamús, ElsYield above the average 894 €/m² 6 €/m²/month 8.7% 50/100
Sant Jordi DesvallsYield above the average 921 €/m² 7 €/m²/month 8.5% 35/100 1
Valls de Valira, LesYield above the average 625 €/m² 4 €/m²/month 8.4% 100/100 1
Bell-lloc d'UrgellYield above the average 608 €/m² 4 €/m²/month 8.0% 27/100
Sant Martí de RiucorbYield above the average 232 €/m² 2 €/m²/month 7.9% 18/100 1
Sant Feliu de BuixalleuYield above the average 708 €/m² 5 €/m²/month 7.7% 30/100 3
AmerYield above the average 780 €/m² 5 €/m²/month 7.6% 28/100 3
Ribera d'UrgelletYield above the average 646 €/m² 4 €/m²/month 7.3% 50/100
CabanesYield above the average 748 €/m² 4 €/m²/month 7.2% 47/100
Sant Mateu de BagesYield above the average 529 €/m² 3 €/m²/month 7.2% 71/100 1
Cornellà del TerriYield above the average 1,036 €/m² 6 €/m²/month 7.1% 80/100
AviàYield above the average 871 €/m² 5 €/m²/month 7.1% 46/100 1
Sant Feliu SasserraYield above the average 888 €/m² 5 €/m²/month 7.1% 81/100 1
CaldersYield above the average 857 €/m² 5 €/m²/month 7.1% 32/100 1
Riba-roja d'EbreYield above the average 566 €/m² 3 €/m²/month 7.1% 54/100 1
Fuliola, LaYield above the average 504 €/m² 3 €/m²/month 7.0% 94/100 1
CalafYield above the average 699 €/m² 4 €/m²/month 7.0% 36/100 3
BordilsYield above the average 1,018 €/m² 6 €/m²/month 6.9% 46/100 1
AvinyóYield above the average 938 €/m² 5 €/m²/month 6.9% 46/100 3
TalarnYield above the average 798 €/m² 5 €/m²/month 6.9% 89/100
OliusYield above the average 734 €/m² 4 €/m²/month 6.8% 26/100
TivenysYield above the average 576 €/m² 3 €/m²/month 6.8% 38/100 2
LladóYield above the average 762 €/m² 4 €/m²/month 6.8% 67/100
MassalcoreigYield above the average 400 €/m² 2 €/m²/month 6.8% 89/100 2
Pobla de Mafumet, LaYield above the average 1,008 €/m² 6 €/m²/month 6.7% 70/100 5
MaialsYield above the average 441 €/m² 2 €/m²/month 6.7% 70/100 1
Riells i ViabreaYield above the average 1,372 €/m² 8 €/m²/month 6.7% 50/100 11
AlguaireYield above the average 684 €/m² 4 €/m²/month 6.7% 88/100 1
JorbaYield above the average 892 €/m² 5 €/m²/month 6.7% 50/100 2
TornabousYield above the average 575 €/m² 3 €/m²/month 6.5% 3/100 2
BàscaraYield above the average 1,051 €/m² 6 €/m²/month 6.5% 67/100
MarçàYield above the average 461 €/m² 2 €/m²/month 6.5% 50/100 1
PaülsYield above the average 468 €/m² 3 €/m²/month 6.5% 50/100
Pinell de Brai, ElYield above the average 470 €/m² 3 €/m²/month 6.4% 50/100
Font-rubíYield above the average 1,119 €/m² 6 €/m²/month 6.4% 72/100 10
Fatarella, LaYield above the average 481 €/m² 3 €/m²/month 6.4% 61/100
Hostalets de Pierola, ElsYield above the average 1,174 €/m² 6 €/m²/month 6.4% 83/100 3
AitonaYield above the average 697 €/m² 4 €/m²/month 6.3% 70/100 1
VilademulsYield above the average 593 €/m² 3 €/m²/month 6.3% 100/100 1
OristàYield above the average 607 €/m² 3 €/m²/month 6.3% 0/100 2
NullesYield above the average 522 €/m² 3 €/m²/month 6.3% 73/100
BellvísYield above the average 646 €/m² 3 €/m²/month 6.2% 66/100 3
Vilalba dels ArcsYield above the average 536 €/m² 3 €/m²/month 6.2% 80/100
GarciaYield above the average 840 €/m² 4 €/m²/month 6.2% 74/100 1
AlbesaYield above the average 670 €/m² 3 €/m²/month 6.2% 25/100
RiudarenesYield above the average 1,249 €/m² 6 €/m²/month 6.2% 82/100 12
VilabellaYield above the average 564 €/m² 3 €/m²/month 6.1% 76/100 1
Torrefeta i FlorejacsYield above the average 422 €/m² 2 €/m²/month 6.1% 50/100 1
Nearby

Alternatives in España

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

The inventory

What is for sale in Catalunya

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

14,830Properties analysed70 at auction
€200,505Median priceOf the adverts for sale
53/100Median scoreMedian investment quality of the catalogue

See the 14,830 properties in Catalunya

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

Catalunya covers 947 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.

  • official rent series (SERPAVI) 55 of 947
  • series sufficient to measure momentum 893 of 947
  • official appraised value (MIVAU) 51 of 947
  • estimated market level 927 of 947
  • our own adverts 565 of 947

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
2019Q1
sale
2024
household income
2013
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.