Municipality · Asturias

Investing in Castropol: 4 €/m²/month in rent and 5.6% gross yield

Buying in Castropol costs 846 €/m² on average and renting goes for 4 €/m² a month, leaving a gross yield of 5.6% 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: €353/month
846 €/m²Purchase90 m² home: €76,140
5.6%Gross yieldAnnual rent over purchase price
22/100Momentum50 = flat market
The map

Castropol within Asturias

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

Gijón · 3.9% gross yieldOviedo · 4.4% gross yieldAvilés · 4.7% gross yieldSiero · 4.9% gross yieldLangreo · 5.8% gross yieldMieres · 5.6% gross yieldCastrillón · 4.7% gross yieldCorvera de Asturias · 5.1% gross yieldSan Martín del Rey Aurelio · 5.5% gross yieldVillaviciosa · 5.2% gross yieldLlanera · 4.8% gross yieldLlanes · 5.2% gross yieldLaviana · 5.1% gross yieldCangas del Narcea · 5.8% gross yieldValdés · 5.6% gross yieldGozón · 4.8% gross yieldLena · 5.3% gross yieldCarreño · 4.9% gross yieldAller · 6.0% gross yieldGrado · 5.7% gross yieldTineo · 6.9% gross yieldNavia · 4.9% gross yieldPravia · 5.6% gross yieldPiloña · 6.5% gross yieldCangas de Onís · 5.1% gross yieldRibadesella · 4.7% gross yieldNava · 5.9% gross yieldParres · 5.6% gross yieldNoreña · 4.7% gross yieldCudillero · 4.7% gross yieldSalas · 5.9% gross yieldVegadeo · 6.0% gross yieldSoto del Barco · 4.4% gross yieldFranco, El · 5.9% gross yieldTapia de Casariego · 5.3% gross yieldCoaña · 6.3% gross yieldColunga · 5.2% gross yieldMorcín · 5.4% gross yieldCandamo · 6.1% gross yieldRegueras, Las · 6.5% gross yieldCabrales · 6.3% gross yieldRibera de Arriba · 6.0% gross yieldRibadedeva · 5.4% gross yieldRiosa · 6.1% gross yieldBimenes · 6.8% gross yieldAllande · 7.7% gross yieldTeverga · 5.7% gross yieldCaso · 6.8% gross yieldBoal · 8.0% gross yieldBelmonte de Miranda · 7.8% gross yieldSariego · 5.9% gross yieldPeñamellera Baja · 6.0% gross yieldQuirós · 7.5% gross yieldCabranes · 6.3% gross yieldIbias · 7.5% gross yieldVillayón · 8.3% gross yieldIllas · 5.9% gross yieldSomiedo · 5.4% gross yieldSobrescobio · 6.8% gross yieldDegaña · 6.5% gross yieldGrandas de Salime · 7.5% gross yieldOnís · 7.2% gross yieldProaza · 6.8% gross yieldAmieva · 7.7% gross yieldPonga · 7.6% gross yieldTaramundi · 7.2% gross yieldPeñamellera Alta · 8.0% gross yieldMuros de Nalón · not enough dataCaravia · 4.5% gross yieldSanta Eulalia de Oscos · 7.5% gross yieldSan Tirso de Abres · 7.4% gross yieldSan Martín de Oscos · 7.5% gross yieldSanto Adriano · 7.6% gross yieldIllano · 9.0% gross yieldVillanueva de Oscos · 7.8% gross yieldPesoz · 8.6% gross yieldYernes y Tameza · 8.2% gross yieldCastropol · 5.6% gross yield Castropol5.6%Cangas del Narcea5.8%Tineo6.9% Castropol5.6%
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 49 of 77 among the municipalities of its province.

Castropol has 3,202 residents, an average gross household income of €26,260 a year, an approximate unemployment rate of 5% (below 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 5.6%Above the Spanish average (4.2%) on the same calculation method.
  • Approximate unemployment of 5%A stronger labour market than the Spanish average, measured on registered unemployed and contributors.
  • 1 properties analysedWe hold stock for sale here, each with its own investment score.

Against

  • Momentum 22/100The local market is not helping: the recent series are flat or falling.
The market

What it costs and what it earns

The market level in Castropol and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².

18 yearsPrice / Rent (PER)Years of rent to pay off the purchase
2.9 yearsAffordabilityHousehold incomes to pay for 90 m²
16%Rent burdenAnnual rent as a share of household income
0.50%Urban IBIRate approved by the town hall
846 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
4 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
5.6%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

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

Gross yield5.6%
46
PeorMedianaMejor
Rent level4 €/m²/month
72
PeorMedianaMejor
Momentum22/100
26
PeorMedianaMejor

Within Asturias it ranks 49 of 77 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.

3.8Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
5%Unemployment (approx.)
Spain 11% registered unemployed over unemployed + social security contributors
€26,260Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
2.8‰Net migration
Spain 12.8‰ arrivals minus departures from abroad per 1,000 residents
0.39Repossession 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 Asturias, 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.

0.500%Urban IBI rateApproved by the town hall
2009Last cadastral revisionThe older it is, the more outdated the cadastral value
€190/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

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

Housing transactions

MIVAU · deals per year

0.0% interanual
55 20112015201820222025 27 · 201127 · 201131 · 201231 · 201220 · 201320 · 201319 · 201419 · 201429 · 201529 · 201518 · 201618 · 201628 · 201728 · 201735 · 201835 · 201835 · 201935 · 201927 · 202027 · 202032 · 202132 · 202130 · 202230 · 202231 · 202331 · 202355 · 202455 · 202455 · 202555 · 2025

Registered unemployment

SEPE · yearly average

−9.5% interanual
95 20192021202320242026 140 · 2019140 · 2019150 · 2020150 · 2020139 · 2021139 · 2021126 · 2022126 · 2022117 · 2023117 · 2023111 · 2024111 · 2024105 · 2025105 · 202595 · 202695 · 2026

Average gross income

AEAT · annual tax return

+6.3% interanual
€26,260 20132016201820212023 €17,709 · 2013€17,709 · 2013€17,686 · 2014€17,686 · 2014€18,324 · 2015€18,324 · 2015€19,352 · 2016€19,352 · 2016€20,239 · 2017€20,239 · 2017€20,311 · 2018€20,311 · 2018€21,443 · 2019€21,443 · 2019€21,301 · 2020€21,301 · 2020€22,492 · 2021€22,492 · 2021€24,701 · 2022€24,701 · 2022€26,260 · 2023€26,260 · 2023

Registered population

INE · yearly population register

0.0% interanual
3,202 20112014201820222025 3,762 · 20113,762 · 20113,762 · 20113,762 · 20113,713 · 20123,713 · 20123,713 · 20123,713 · 20123,677 · 20133,677 · 20133,677 · 20133,677 · 20133,696 · 20143,696 · 20143,696 · 20143,696 · 20143,638 · 20153,638 · 20153,638 · 20153,638 · 20153,575 · 20163,575 · 20163,575 · 20163,575 · 20163,510 · 20173,510 · 20173,510 · 20173,510 · 20173,470 · 20183,470 · 20183,470 · 20183,470 · 20183,402 · 20193,402 · 20193,402 · 20193,402 · 20193,342 · 20203,342 · 20203,342 · 20203,342 · 20203,335 · 20213,335 · 20213,335 · 20213,335 · 20213,288 · 20223,288 · 20223,288 · 20223,288 · 20223,289 · 20233,289 · 20233,289 · 20233,289 · 20233,252 · 20243,252 · 20243,252 · 20243,252 · 20243,202 · 20253,202 · 20253,202 · 20253,202 · 2025

Net international migration

INE · immigration − emigration · yearly

+28.6% interanual
9 2021202220232024 3 · 20213 · 202131 · 202231 · 20227 · 20237 · 20239 · 20249 · 2024
Nearby

Alternatives in Asturias

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

The inventory

What is for sale in Castropol

Our catalogue in this territory, with an investment score computed property by property.

1Properties analysed
€1,950,000Median priceOf the adverts for sale

See the 1 properties in Castropol

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

100/100

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.