Municipality · Bizkaia

Investing in Bermeo

Bermeo has 17,038 residents, an approximate unemployment rate of 18% (above the Spanish average). These are signals of how deep housing demand runs, not of the risk of any one tenant.

29/100Momentum50 = flat market

We publish little about Bermeo: data coverage is 50 out of 100 and 4 source families are missing. The sections missing below are not empty by accident: there is no published figure to show.

The map

Bermeo within Bizkaia

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

Bilbao · 4.1% gross yieldBarakaldo · 4.4% gross yieldGetxo · 3.5% gross yieldSanturtzi · 4.4% gross yieldPortugalete · 4.3% gross yieldBasauri · 4.2% gross yieldLeioa · 3.7% gross yieldDurango · 4.0% gross yieldSestao · 4.9% gross yieldGaldakao · 3.6% gross yieldErandio · not enough dataAmorebieta-Etxano · not enough dataMungia · not enough dataGernika-Lumo · not enough dataErmua · not enough dataSopela · not enough dataEtxebarri · not enough dataArrigorriaga · not enough dataValle de Trápaga-Trapagaran · not enough dataAbanto y Ciérvana-Abanto Zierbena · not enough dataOrtuella · not enough dataZalla · not enough dataBerango · not enough dataOndarroa · not enough dataAbadiño · not enough dataBalmaseda · not enough dataMuskiz · not enough dataDerio · not enough dataElorrio · not enough dataLekeitio · not enough dataGüeñes · not enough dataUrduliz · not enough dataGorliz · not enough dataMarkina-Xemein · not enough dataSondika · not enough dataBerriz · not enough dataPlentzia · not enough dataIgorre · not enough dataUrduña/Orduña · not enough dataUgao-Miraballes · not enough dataIurreta · not enough dataLemoa · not enough dataZamudio · not enough dataZaldibar · not enough dataAlonsotegi · not enough dataBakio · not enough dataSopuerta · not enough dataKarrantza Harana/Valle de Carranza · not enough dataOrozko · not enough dataLezama · not enough dataLoiu · not enough dataLarrabetzu · not enough dataMundaka · not enough dataGordexola · not enough dataBusturia · not enough dataGatika · not enough dataZaratamo · not enough dataMuxika · not enough dataDima · not enough dataBarrika · not enough dataZierbena · not enough dataGamiz-Fika · not enough dataLemoiz · not enough dataAtxondo · not enough dataOtxandio · not enough dataAreatza · not enough dataLaukiz · not enough dataZeanuri · not enough dataBerriatua · not enough dataMaruri-Jatabe · not enough dataBedia · not enough dataMallabia · not enough dataZeberio · not enough dataArrankudiaga-Zollo · not enough dataForua · not enough dataGautegiz Arteaga · not enough dataGaldames · not enough dataEa · not enough dataEtxebarria · not enough dataMeñaka · not enough dataArtzentales · not enough dataArtea · not enough dataIspaster · not enough dataIbarrangelu · not enough dataAulesti · not enough dataFruiz · not enough dataArrieta · not enough dataMañaria · not enough dataTrucios-Turtzioz · not enough dataErrigoiti · not enough dataMunitibar-Arbatzegi Gerrikaitz · not enough dataAjangiz · not enough dataKortezubi · not enough dataMendexa · not enough dataArratzu · not enough dataMorga · not enough dataArantzazu · not enough dataZiortza-Bolibar · not enough dataAmoroto · not enough dataMendata · not enough dataSukarrieta · not enough dataGarai · not enough dataElantxobe · not enough dataMurueta · not enough dataEreño · not enough dataNabarniz · not enough dataLanestosa · not enough dataIzurtza · not enough dataGizaburuaga · not enough dataUbide · not enough dataArakaldo · not enough dataBermeo · not enough data BermeoOrozkoZeanuri Bermeo
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.

In favour

No notable positive signals.

Against

  • Momentum 29/100The local market is not helping: the recent series are flat or falling.
  • 2.6 transactions per 1,000 residentsAn illiquid market: expect longer selling times.
  • Approximate unemployment of 18%Above the Spanish average: this is market context, not a measure of tenant risk.
The comparison

Where it stands against the rest

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

Gross yield
0
PeorMedianaMejor
Rent level
0
PeorMedianaMejor
Momentum29/100
33
PeorMedianaMejor
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.

2.6Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
18%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
10.7‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.23Repossession 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 Bizkaia, not this municipality alone.

The trend

How it has moved

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

Housing transactions

MIVAU · deals per year

+27.6% interanual
222 20112015201820222025 180 · 2011180 · 2011194 · 2012194 · 201292 · 201392 · 201391 · 201491 · 2014142 · 2015142 · 2015141 · 2016141 · 2016131 · 2017131 · 2017162 · 2018162 · 2018204 · 2019204 · 2019155 · 2020155 · 2020217 · 2021217 · 2021263 · 2022263 · 2022227 · 2023227 · 2023174 · 2024174 · 2024222 · 2025222 · 2025

Registered unemployment

SEPE · yearly average

+5.3% interanual
861 20192021202320242026 893 · 2019893 · 20191,034 · 20201,034 · 2020934 · 2021934 · 2021861 · 2022861 · 2022830 · 2023830 · 2023840 · 2024840 · 2024818 · 2025818 · 2025861 · 2026861 · 2026

Registered population

INE · yearly population register

0.0% interanual
17,038 20112014201820222025 17,078 · 201117,078 · 201117,078 · 201117,078 · 201117,144 · 201217,144 · 201217,144 · 201217,144 · 201217,159 · 201317,159 · 201317,159 · 201317,159 · 201317,057 · 201417,057 · 201417,057 · 201417,057 · 201416,947 · 201516,947 · 201516,947 · 201516,947 · 201516,861 · 201616,861 · 201616,861 · 201616,861 · 201616,777 · 201716,777 · 201716,777 · 201716,777 · 201716,688 · 201816,688 · 201816,688 · 201816,688 · 201816,765 · 201916,765 · 201916,765 · 201916,765 · 201916,864 · 202016,864 · 202016,864 · 202016,864 · 202016,784 · 202116,784 · 202116,784 · 202116,784 · 202116,755 · 202216,755 · 202216,755 · 202216,755 · 202216,878 · 202316,878 · 202316,878 · 202316,878 · 202317,042 · 202417,042 · 202417,042 · 202417,042 · 202417,038 · 202517,038 · 202517,038 · 202517,038 · 2025

Net international migration

INE · immigration − emigration · yearly

−19.4% interanual
183 2021202220232024 75 · 202175 · 2021205 · 2022205 · 2022227 · 2023227 · 2023183 · 2024183 · 2024
Nearby

Alternatives in Bizkaia

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

50/100

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.

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.