Municipality · Bizkaia

Investing in Ermua

Ermua has 15,516 residents. These are signals of how deep housing demand runs, not of the risk of any one tenant.

52/100Momentum50 = flat market

We publish little about Ermua: data coverage is 40 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

Ermua within Bizkaia

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.

In favour

No notable positive signals.

Against

2.8 transactions per 1,000 residentsAn illiquid market: expect longer selling times.

The comparison

Where it stands against the rest

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

Gross yield—

PeorMedianaMejor

Rent level—

PeorMedianaMejor

Momentum52/100

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.

2.8Market turnover

Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell

5.9‰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 Ermua over recent years. Where a series is missing, the municipality does not publish it.

Housing transactions

MIVAU · deals per year

+12.9% interanual

Registered unemployment

SEPE · yearly average

−4.2% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−33.3% interanual

Nearby

Alternatives in Bizkaia

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

Sestao 4.9% 2,346 €/m² Santurtzi 4.4% 2,714 €/m² Barakaldo 4.4% 2,876 €/m² Portugalete 4.3% 2,822 €/m² Basauri 4.2% 2,732 €/m² Bilbao 4.1% 3,415 €/m² Durango 4.0% 2,610 €/m² Leioa 3.7% 3,488 €/m² Galdakao 3.6% 2,902 €/m² Getxo 3.5% 3,963 €/m²

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

40/100

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.