Investing in Monforte de Lemos: 4 €/m²/month in rent and 5.2% gross yield
Buying in Monforte de Lemos costs 835 €/m² on average and renting goes for 4 €/m² a month, leaving a gross yield of 5.2% 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: €326/month
835 €/m²Purchase90 m² home: €75,150
5.2%Gross yieldAnnual rent over purchase price
53/100Momentum50 = flat market
The map
Monforte de Lemos within Lugo
Where the municipality sits and how it compares with its neighbours.
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 55 of 67 among the municipalities of its province.
Monforte de Lemos has 18,933 residents, an average gross household income of €25,163 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
Gross yield of 5.2%Above the Spanish average (4.2%) on the same calculation method.
Net migration of 28.5‰More people arrive than leave, above the Spanish average: sustained housing demand.
Against
Approximate unemployment of 16%Above the Spanish average: this is market context, not a measure of tenant risk.
The market
What it costs and what it earns
The market level in Monforte de Lemos and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².
19.2 yearsPrice / Rent (PER)Years of rent to pay off the purchase
3 yearsAffordabilityHousehold incomes to pay for 90 m²
16%Rent burdenAnnual rent as a share of household income
0.61%Urban IBIRate approved by the town hall
835 €/m²Purchase price
Spain 2,029 €/m²€/m² of transactions, population-weighted average
4 €/m²/monthRent
Spain 7 €/m²€/m² a month, population-weighted average
5.2%Gross yield
Spain 4.2%annual rent over purchase price, before costs
The comparison
Where it stands against the rest
Monforte de Lemos's percentile among the municipalities with enough data, computed on the same figure for all of them.
Gross yield5.2%
36
PeorMedianaMejor
Rent level4 €/m²/month
67
PeorMedianaMejor
Momentum53/100
66
PeorMedianaMejor
Within Lugo it ranks 55 of 67 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.
3.5Market turnover
Spain 3.3transactions a year per 1,000 residents · more turnover, easier to resell
16%Unemployment (approx.)
Spain 11%registered unemployed over unemployed + social security contributors
€25,163Gross household income
Spain €31,185annual income tax returns (AEAT), population-weighted territorial average
28.5‰Net migration
Spain 12.8‰arrivals minus departures from abroad per 1,000 residents
0.1Repossession pressure
Spain 0.55housing repossessions per 1,000 dwellings of the provincial stock · 2025
Repossessions are a provincial figure (INE): they describe the market in Lugo, 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.
0.605%Urban IBI rateApproved by the town hall
1996Last cadastral revisionThe older it is, the more outdated the cadastral value
€227/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend
How it has moved
Official series for Monforte de Lemos over recent years. Where a series is missing, the municipality does not publish it.
Rent price index
INE · 2011 base = 100 · yearly
+3.5% interanual
Housing transactions
MIVAU · deals per year
+35.8% interanual
Registered unemployment
SEPE · yearly average
+3.0% interanual
Average gross income
AEAT · annual tax return
+3.1% interanual
Registered population
INE · yearly population register
0.0% interanual
Net international migration
INE · immigration − emigration · yearly
+11.6% interanual
Nearby
Alternatives in Lugo
Territories of the same level ranked by gross yield, to compare before deciding.
Where each figure comes from, over which territory and from what date. Confidence measures data coverage, never investment quality.
Data coverage
90/100
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.
