Investing in Barcelona: 10 €/m²/month in rent and 4.1% gross yield
Buying in Barcelona costs 2,975 €/m² on average and renting goes for 10 €/m² a month, leaving a gross yield of 4.1% before costs and taxes. It is essentially the Spanish average (4.2%), with purchase prices above the Spanish average.
The map of Barcelona
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 4 of 4 among the provinces of its region.
Barcelona has 5,983,325 residents, an average gross household income of €37,209 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 16.8‰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.
- 12,258 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.
What it costs and what it earns
The market level in Barcelona and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².
Within Barcelona municipalities sit on average 45% 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
Barcelona's percentile among the 52 provinces, computed on the same figure for all of them.
Within Catalunya it ranks 4 of 4 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 Barcelona
The 40 most populated with their market level; the remaining 271 are linked below.
The rest of the municipalities of Barcelona
Alternatives in Catalunya
Territories of the same level ranked by gross yield, to compare before deciding.
What is for sale in Barcelona
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
100/100Barcelona covers 311 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.
- official rent series (SERPAVI) 40 of 311
- series sufficient to measure momentum 293 of 311
- official appraised value (MIVAU) 38 of 311
- estimated market level 303 of 311
- our own adverts 250 of 311
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
- 2019Q2
- sale
- 2024
- household income
- 2023
- 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.