Short answer: in Lucena, a typical 80 m² flat has an average appraisal value of about €87,600 (2T 2026, 1,094 €/m²) and rents for about €367 a month (2024 median, 4.59 €/m²). The gross yield is 6.0% with 2024 price and rent, and 5.0% with the 2T 2026 price. Buying it with an 80% mortgage would take about €25,164 in savings.
That is 0.8 points above the median of the 306 municipalities with data (5.2%), and Lucena ranks 1st of 3 in the province of Córdoba by gross yield.
Rent range (2024): median €375 a month (4.59 €/m²); half of the rented homes pay between €303 and €420 a month (3.66–5.73 €/m², 25th to 75th percentile). Homes analysed: 1,096 rented apartments declared for tax purposes; median size 86 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 | €65,700 | €275 | 5.0% | €6,067 | €19,207 |
| 80 m² | €87,600 | €367 | 5.0% | €7,644 | €25,164 |
| 100 m² | €109,400 | €459 | 5.0% | €9,213 | €31,093 |
| 120 m² | €131,300 | €551 | 5.0% | €10,790 | €37,050 |
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 6.0%). “Savings needed” = 20% down payment + buying costs.
Simulate the buying costs Work out the net yield of this flat
Lucena compared with its province, region and Spain
| Area | Gross yield 2024 | Price €/m² (2T 2026) | Rent €/m² (2024) |
|---|---|---|---|
| Lucena | 6.0% | 1,094 | 4.59 |
| Median of Córdoba (3 municipalities) | 5.9% | 1,094 | 4.59 |
| 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 | €303 | €375 | €420 |
| Rent per m² per month | €3.66 | €4.59 | €5.73 |
| 60 m² flat (estimate) | €220 | €275 | €344 |
| 80 m² flat (estimate) | €293 | €367 | €458 |
| 100 m² flat (estimate) | €366 | €459 | €573 |
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: 1,096. 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 |
|---|---|---|
| Lucena | 4.59 | €375 |
| Median of Córdoba (16 municipalities) | 3.80 | €350 |
| 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 Córdoba: Córdoba (7.14 €/m², with yield) · Pozoblanco (3.63 €/m²) · Cabra (3.96 €/m²) · Puente Genil (4.22 €/m², with yield) · Montilla (4.55 €/m²) · Priego de Córdoba (3.44 €/m²) · Palma del Río (4.12 €/m²) · Baena (3.60 €/m²) · La Carlota (3.72 €/m²) · Aguilar de la Frontera (3.33 €/m²) · Villa del Río (3.85 €/m²) · Rute (3.49 €/m²) · Montoro (3.56 €/m²) · Posadas (4.24 €/m²) · Fernán-Núñez (3.76 €/m²)