Municipality · Asturias

Investing in Siero: 6 €/m²/month in rent and 4.9% gross yield

Buying in Siero costs 1,456 €/m² on average and renting goes for 6 €/m² a month, leaving a gross yield of 4.9% before costs and taxes. It sits clearly above the Spanish average (4.2%), with purchase prices below the Spanish average.

6 €/m²/monthRent90 m² home: €534/month
1,456 €/m²Purchase90 m² home: €131,040
4.9%Gross yieldAnnual rent over purchase price
67/100Momentum50 = flat market
The map

Siero 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 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 yieldCastropol · 5.6% 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 · 6.3% 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 yieldSiero · 4.9% gross yield Siero4.9%Cangas del Narcea5.8%Tineo6.9% Siero4.9%
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 65 of 77 among the municipalities of its province.

Siero has 53,049 residents, an average gross household income of €30,913 a year. These are signals of how deep housing demand runs, not of the risk of any one tenant.

In favour

  • Gross yield of 4.9%Above the Spanish average (4.2%) on the same calculation method.
  • Momentum 67/100Appraised prices, rents, transactions and population are all rising in the latest data.
  • 4.3 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.

The market

What it costs and what it earns

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

20.5 yearsPrice / Rent (PER)Years of rent to pay off the purchase
4.2 yearsAffordabilityHousehold incomes to pay for 90 m²
21%Rent burdenAnnual rent as a share of household income
0.58%Urban IBIRate approved by the town hall
1,456 €/m²Purchase price
Spain 2,028 €/m² €/m² of transactions, population-weighted average
6 €/m²/monthRent
Spain 7 €/m² €/m² a month, population-weighted average
4.9%Gross yield
Spain 4.2% annual rent over purchase price, before costs
The comparison

Where it stands against the rest

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

Gross yield4.9%
29
PeorMedianaMejor
Rent level6 €/m²/month
90
PeorMedianaMejor
Momentum67/100
78
PeorMedianaMejor

Within Asturias it ranks 65 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.

4.3Market turnover
Spain 3.3 transactions a year per 1,000 residents · more turnover, easier to resell
€30,913Gross household income
Spain €31,185 annual income tax returns (AEAT), population-weighted territorial average
6.5‰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.

0.580%Urban IBI rateApproved by the town hall
1996Last cadastral revisionThe older it is, the more outdated the cadastral value
€380/yearIBI on a standard homeEstimated on 90 m² and the average cadastral value
The trend

How it has moved

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

Rent price index

INE · 2011 base = 100 · yearly

+2.8% interanual
114.6 20112014201820212024 104.2 · 2011104.2 · 2011102.6 · 2012102.6 · 2012101.5 · 2013101.5 · 2013100.3 · 2014100.3 · 2014100 · 2015100 · 2015101.8 · 2016101.8 · 2016102.1 · 2017102.1 · 2017103 · 2018103 · 2018104.9 · 2019104.9 · 2019105.8 · 2020105.8 · 2020107.5 · 2021107.5 · 2021109.6 · 2022109.6 · 2022111.4 · 2023111.4 · 2023114.6 · 2024114.6 · 2024

Housing transactions

MIVAU · deals per year

+13.4% interanual
921 20112015201820222025 360 · 2011360 · 2011295 · 2012295 · 2012171 · 2013171 · 2013247 · 2014247 · 2014284 · 2015284 · 2015330 · 2016330 · 2016411 · 2017411 · 2017497 · 2018497 · 2018482 · 2019482 · 2019487 · 2020487 · 2020610 · 2021610 · 2021754 · 2022754 · 2022695 · 2023695 · 2023812 · 2024812 · 2024921 · 2025921 · 2025

Registered unemployment

SEPE · yearly average

−1.4% interanual
2,510 20192021202320242026 3,341 · 20193,341 · 20193,725 · 20203,725 · 20203,527 · 20213,527 · 20213,038 · 20223,038 · 20222,878 · 20232,878 · 20232,704 · 20242,704 · 20242,546 · 20252,546 · 20252,510 · 20262,510 · 2026

Average gross income

AEAT · annual tax return

+4.2% interanual
€30,913 20132016201820212023 €24,492 · 2013€24,492 · 2013€24,649 · 2014€24,649 · 2014€25,019 · 2015€25,019 · 2015€25,298 · 2016€25,298 · 2016€25,754 · 2017€25,754 · 2017€26,381 · 2018€26,381 · 2018€27,472 · 2019€27,472 · 2019€27,195 · 2020€27,195 · 2020€28,035 · 2021€28,035 · 2021€29,664 · 2022€29,664 · 2022€30,913 · 2023€30,913 · 2023

Registered population

INE · yearly population register

0.0% interanual
53,049 20112014201820222025 52,094 · 201152,094 · 201152,094 · 201152,094 · 201152,229 · 201252,229 · 201252,229 · 201252,229 · 201252,301 · 201352,301 · 201352,301 · 201352,301 · 201352,380 · 201452,380 · 201452,380 · 201452,380 · 201452,191 · 201552,191 · 201552,191 · 201552,191 · 201551,969 · 201651,969 · 201651,969 · 201651,969 · 201651,776 · 201751,776 · 201751,776 · 201751,776 · 201751,662 · 201851,662 · 201851,662 · 201851,662 · 201851,667 · 201951,667 · 201951,667 · 201951,667 · 201951,509 · 202051,509 · 202051,509 · 202051,509 · 202051,608 · 202151,608 · 202151,608 · 202151,608 · 202151,792 · 202251,792 · 202251,792 · 202251,792 · 202252,194 · 202352,194 · 202352,194 · 202352,194 · 202352,593 · 202452,593 · 202452,593 · 202452,593 · 202453,049 · 202553,049 · 202553,049 · 202553,049 · 2025

Net international migration

INE · immigration − emigration · yearly

+86.9% interanual
342 2021202220232024 25 · 202125 · 2021304 · 2022304 · 2022183 · 2023183 · 2023342 · 2024342 · 2024

Recorded offences

Ministry of the Interior · cumulative

+89.7% interanual
4,821 202420252026 487 · 2024487 · 2024953 · 2024953 · 20241,481 · 20241,481 · 20241,979 · 20241,979 · 20242,542 · 20252,542 · 20253,150 · 20253,150 · 20253,682 · 20253,682 · 20254,217 · 20254,217 · 20254,821 · 20264,821 · 2026
Nearby

Alternatives in Asturias

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

The inventory

What is for sale in Siero

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

2Properties analysed
€84,595Median priceOf the adverts for sale
72/100Median scoreMedian investment quality of the catalogue

See the 2 properties in Siero

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

90/100

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
2024
sale
2026Q1
household income
2023
official appraisal
2026Q1
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.