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Best towns in Córdoba to invest in flats

Ranking by gross rental yield using official data from the Spanish Ministry of Housing and Urban Agenda

Data checked on 14 October 2026

Short answer: among the 3 municipalities in the province of Córdoba with an official price and rent, the highest gross rental yields in 2024 are in Lucena (6.0%), Córdoba (5.9%) and Puente Genil (5.8%). The lowest is Puente Genil (5.8%). The median of the 3 is 5.9% (Spain: 5.2%).

This ranking only sorts municipalities by gross yield (annual rent ÷ price). It says nothing about demand, vacancy risk, building condition or future prices, and it is not a recommendation to buy. 13 more municipalities with at least 50 rented flats have no official price, so they appear in a separate rent-only table.

Few municipalities with a price. Only 3 municipalities in the province of Córdoba have more than 25,000 inhabitants and an official appraisal price, so the ranking is short.

Ranking by gross yield

#Calculator
1Lucena6.0%5.0%1,0944.59€303–€4201,096€87,600Calculate
2Córdoba5.9%4.8%1,7847.14€450–€66712,836€142,700Calculate
3Puente Genil*5.8%5.1%9864.22€300–€420409€78,900Calculate

Sources. Price: average appraisal value of free-market housing, municipalities over 25,000 inhabitants (table 4), Ministry of Housing and Urban Agenda (2T 2026; published on 17 September 2026); the yield uses the 2024 average weighted by appraisals. Rent: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026. Yield, “with current price” (mixes years) and 80 m² flat: Ladrillómetro calculation. * Small sample.

Municipalities with official rent but no price

These 13 municipalities have at least 50 rented flats in SERPAVI 2024 but no official appraisal price, so we do not calculate a yield or rank them. Sorted by number of rented homes.

Calculator
Pozoblanco€3403.63€280–€380563Calculate
Cabra€3503.96€300–€399541Calculate
Montilla*€3504.55€300–€400349Calculate
Priego de Córdoba*€3063.44€280–€353232Calculate
Palma del Río*€3514.12€300–€400227Calculate
Baena*€3003.60€263–€350145Calculate
La Carlota*€3803.72€325–€446131Calculate
Aguilar de la Frontera*€3003.33€264–€34970Calculate
Villa del Río*€3503.85€319–€37968Calculate
Rute*€3103.49€242–€35065Calculate
Montoro*€3503.56€291–€41761Calculate
Posadas*€3414.24€295–€37853Calculate
Fernán-Núñez*€3503.76€300–€39351Calculate

Source: SERPAVI (Spanish State Rental Price Reference System), Ministry of Housing and Urban Agenda (MIVAU), using personal income tax (IRPF) returns and the Cadastre: database 2011-2024 (file «2026-03_09_bd_SERPAVI_2011-2024 - DEFINITIVO WEB_v2»), “Municipios” sheet, apartments in multi-family buildings (vivienda colectiva), municipality level, year 2024, published on 16 April 2026. * Fewer than 500 rented homes.

FREQUENT QUESTIONS

Frequently asked questions

Which municipality in the province of Córdoba has the highest gross rental yield?

Lucena, with 6.0% gross in 2024 (rent and appraisal price of the same year), among the 3 municipalities with an official price. The median of those 3 is 5.9%. A high gross yield is not a guarantee of a good investment: costs, vacancies, taxes and demand change the result.

How is this ranking calculated?

Only by gross yield: median monthly rent per m² × 12 (SERPAVI 2024, Ministry of Housing) ÷ average appraisal value per m² of 2024 (Ministry of Housing) × 100. We do not score demand, risk or future prices, and we do not use listing prices from property portals.

Why are some municipalities not ranked?

The Ministry of Housing only publishes the appraisal price for municipalities with more than 25,000 inhabitants. The other 13 municipalities with at least 50 rented flats appear in a separate rent table, without a yield.

Is this investment advice?

No. It is information based on public data, for guidance only. Check a specific property with the rental yield calculator, including costs, taxes and financing, and seek professional advice if you need it.

Information for guidance only, based on public data; it is not financial, tax or investment advice. A high gross yield does not guarantee profits; past or average yields do not ensure future ones.