Investing in País Vasco: 11 €/m²/month in rent and 4.1% gross yield
Buying in País Vasco costs 3,218 €/m² on average and renting goes for 11 €/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 provinces of País Vasco
Coloured by gross yield, on the same scale as the rest of the country.
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 16 of 19 among the autonomous regions.
País Vasco has 2,242,342 residents, an approximate unemployment rate of 12% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.
In favour
- 174 properties analysedWe hold stock for sale here, each with its own investment score.
Against
- 2.7 transactions per 1,000 residentsAn illiquid market: expect longer selling times.
What it costs and what it earns
The market level in País Vasco and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².
Within País Vasco municipalities sit on average 18% 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.
Where it stands against the rest
País Vasco's percentile among the 19 regions, computed on the same figure for all of them.
Within España it ranks 16 of 19 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.
The provinces of País Vasco
Each with its market level and gross yield, computed the same way as this page's so they can be compared.
Municipalities with the highest gross yield for País Vasco
Only municipalities with enough data to support the figure. Gross yield is before costs, IBI and taxes.
Alternatives in España
Territories of the same level ranked by gross yield, to compare before deciding.
What is for sale in País Vasco
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
90/100País Vasco covers 252 municipalities. Every figure is computed by summing or population-weighting those municipalities, never by averaging their percentages.
- official rent series (SERPAVI) 15 of 252
- series sufficient to measure momentum 241 of 252
- official appraised value (MIVAU) 15 of 252
- estimated market level 17 of 252
- our own adverts 48 of 252
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
- 2024
- sale
- 2026Q1
- 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.