Short answer: in Lugo, a typical 80 m² flat has an average appraisal value of about €112,400 (2T 2026, 1,405 €/m²) and rents for about €390 a month (2024 median, 4.88 €/m²). The gross yield is 5.0% with 2024 price and rent, and 4.2% with the 2T 2026 price. Buying it with an 80% mortgage would take about €33,033 in savings.
That is in line with the median of the 306 municipalities with data (5.2%).
Rent range (2024): median €404 a month (4.88 €/m²); half of the rented homes pay between €340 and €500 a month (3.57–6.40 €/m², 25th to 75th percentile). Homes analysed: 7,365 rented apartments declared for tax purposes; median size 95 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 Galicia (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 | €84,300 | €293 | 4.2% | €8,249 | €25,109 |
| 80 m² | €112,400 | €390 | 4.2% | €10,553 | €33,033 |
| 100 m² | €140,500 | €488 | 4.2% | €12,858 | €40,958 |
| 120 m² | €168,500 | €586 | 4.2% | €15,134 | €48,834 |
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 5.0%). “Savings needed” = 20% down payment + buying costs.
Simulate the buying costs Work out the net yield of this flat
Lugo compared with its province, region and Spain
| Area | Gross yield 2024 | Price €/m² (2T 2026) | Rent €/m² (2024) |
|---|---|---|---|
| Lugo | 5.0% | 1,405 | 4.88 |
| Median of Galicia (18 municipalities) | 4.9% | 1,591 | 5.29 |
| 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 | €340 | €404 | €500 |
| Rent per m² per month | €3.57 | €4.88 | €6.40 |
| 60 m² flat (estimate) | €214 | €293 | €384 |
| 80 m² flat (estimate) | €286 | €390 | €512 |
| 100 m² flat (estimate) | €357 | €488 | €640 |
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: 7,365. 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 |
|---|---|---|
| Lugo | 4.88 | €404 |
| Median of Lugo (21 municipalities) | 3.49 | €324 |
| Median of Galicia (129 municipalities) | 4.24 | €350 |
| 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 Lugo: Monforte de Lemos (3.49 €/m²) · Viveiro (4.17 €/m²) · Ribadeo (4.55 €/m²) · Burela (3.64 €/m²) · Sarria (3.30 €/m²) · Foz (4.57 €/m²) · Vilalba (3.45 €/m²) · Chantada (3.21 €/m²) · Cervo (3.65 €/m²) · Monterroso (3.07 €/m²) · Guitiriz (3.50 €/m²) · Castro de Rei (3.31 €/m²) · Quiroga (2.62 €/m²) · Becerreá (2.52 €/m²) · Rábade (2.53 €/m²) · A Fonsagrada (3.07 €/m²) · A Pontenova (2.47 €/m²) · Barreiros (5.33 €/m²) · Meira (3.61 €/m²) · Xove (3.66 €/m²)