Investing in Noreña: 6 €/m²/month in rent and 4.7% gross yield
Buying in Noreña costs 1,573 €/m² on average and renting goes for 6 €/m² a month, leaving a gross yield of 4.7% before costs and taxes. It sits somewhat above the Spanish average (4.2%), with purchase prices below the Spanish average.
Noreña within Asturias
Where the municipality sits and how it compares with its neighbours.
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 73 of 77 among the municipalities of its province.
Noreña has 5,131 residents, an average gross household income of €30,292 a year. These are signals of how deep housing demand runs, not of the risk of any one tenant.
In favour
- 4.7 transactions per 1,000 residentsA market with high turnover: reselling is easier than the national average.
- 2 properties analysedWe hold stock for sale here, each with its own investment score.
Against
No notable risks in the available data.
What it costs and what it earns
The market level in Noreña and what it means for a buy-to-let buyer. Per-m² figures are converted to a reference home of 90 m².
Where it stands against the rest
Noreña's percentile among the municipalities with enough data, computed on the same figure for all of them.
Within Asturias it ranks 73 of 77 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.
Repossessions are a provincial figure (INE): they describe the market in Asturias, not this municipality alone.
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.
How it has moved
Official series for Noreña over recent years. Where a series is missing, the municipality does not publish it.
Housing transactions
MIVAU · deals per year
Registered unemployment
SEPE · yearly average
Average gross income
AEAT · annual tax return
Registered population
INE · yearly population register
Net international migration
INE · immigration − emigration · yearly
Alternatives in Asturias
Territories of the same level ranked by gross yield, to compare before deciding.
What is for sale in Noreña
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
90/100What 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
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.