Short answer: in Granada, a typical 80 m² flat has an average appraisal value of about €195,700 (2T 2026, 2,447 €/m²) and rents for about €548 a month (2024 median, 6.85 €/m²). The gross yield is 4.2% with 2024 price and rent, and 3.4% with the 2T 2026 price. Buying it with an 80% mortgage would take about €54,518 in savings.
That is 1.0 points below the median of the 306 municipalities with data (5.2%), and Granada ranks 2nd of 3 in the province of Granada by gross yield.
Rent range (2024): median €584 a month (6.85 €/m²); half of the rented homes pay between €458 and €719 a month (5.28–8.67 €/m², 25th to 75th percentile). Homes analysed: 17,627 rented apartments declared for tax purposes; median size 89 m².
Price, rent and buying costs by flat size
The same price and rent per m² applied to four sizes. Costs are those of a resale home bought as an investment in Andalucía (general transfer tax rate, no main-home reductions) with an 80% mortgage.
| Size | Price (2T 2026) | Rent/month (2024) | Gross yield* | Buying costs | Savings needed |
|---|---|---|---|---|---|
| 60 m² | €146,800 | €411 | 3.4% | €11,907 | €41,267 |
| 80 m² | €195,700 | €548 | 3.4% | €15,378 | €54,518 |
| 100 m² | €244,700 | €685 | 3.4% | €18,853 | €67,793 |
| 120 m² | €293,600 | €822 | 3.4% | €22,321 | €81,041 |
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), × size (rounded to €100). 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, × size. * Yield with the 2T 2026 price and 2024 rent (mixes years; with both 2024 figures it is 4.2%). “Savings needed” = 20% down payment + buying costs.
Simulate the buying costs Work out the net yield of this flat
Granada compared with its province, region and Spain
| Area | Gross yield 2024 | Price €/m² (2T 2026) | Rent €/m² (2024) |
|---|---|---|---|
| Granada | 4.2% | 2,447 | 6.85 |
| Median of Granada (3 municipalities) | 4.2% | 2,447 | 6.78 |
| Median of Andalusia (53 municipalities) | 5.3% | 1,784 | 6.71 |
| Median of Spain (306 municipalities) | 5.2% | 2,053 | 6.82 |
Source: medians calculated by Ladrillómetro over the municipalities with more than 25,000 inhabitants that have official price and rent.
Median rent and rent range
| 2024 | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Rent per month | €458 | €584 | €719 |
| Rent per m² per month | €5.28 | €6.85 | €8.67 |
| 60 m² flat (estimate) | €317 | €411 | €520 |
| 80 m² flat (estimate) | €422 | €548 | €694 |
| 100 m² flat (estimate) | €528 | €685 | €867 |
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. Homes analysed: 17,627. The rows by size are a Ladrillómetro calculation (€/m² × size), not a published figure; monthly-rent and per-m² percentiles are computed separately, so they need not refer to the same flats.
| Area | Rent €/m² (2024) | Rent per month |
|---|---|---|
| Granada | 6.85 | €584 |
| Median of Granada (39 municipalities) | 5.39 | €408 |
| Median of Andalusia (191 municipalities) | 5.27 | €408 |
| Median of Spain (1,658 municipalities) | 5.81 | €450 |
Medians calculated by Ladrillómetro over the municipalities with at least 50 rented apartments in SERPAVI 2024 (not the official figure for the whole province or region).
Other municipalities in Granada: Motril (5.44 €/m², with yield) · Armilla (6.76 €/m²) · Las Gabias (6.08 €/m²) · Maracena (5.88 €/m²) · Almuñécar (6.78 €/m², with yield) · La Zubia (5.93 €/m²) · Churriana de la Vega (6.08 €/m²) · Atarfe (5.23 €/m²) · Albolote (6.34 €/m²) · Monachil (6.45 €/m²) · Ogíjares (6.11 €/m²) · Cenes de la Vega (6.20 €/m²) · Guadix (4.15 €/m²) · Santa Fe (5.06 €/m²) · Baza (3.66 €/m²) · Alhendín (6.04 €/m²) · Salobreña (5.00 €/m²) · Loja (3.53 €/m²) · Huétor Vega (6.28 €/m²) · Cúllar Vega (5.39 €/m²) · Gualchos (5.21 €/m²) · Albuñol (4.44 €/m²) · Peligros (5.28 €/m²) · Huétor Tájar (3.57 €/m²) · Cájar (6.46 €/m²) · Padul (4.41 €/m²) · Torrenueva Costa (6.29 €/m²) · Gójar (5.32 €/m²) · Alfacar (4.49 €/m²) · Órgiva (3.42 €/m²) · Dúrcal (3.05 €/m²) · Otura (5.49 €/m²) · Cijuela (5.47 €/m²) · Láchar (5.00 €/m²) · Lanjarón (3.87 €/m²) · Vegas del Genil (4.69 €/m²) · Huéscar (2.91 €/m²) · Pulianas (5.42 €/m²)