Short answer: in Mérida, a typical 80 m² flat has an average appraisal value of about €90,400 (2T 2026, 1,130 €/m²) and rents for about €409 a month (2024 median, 5.11 €/m²). The gross yield is 6.6% with 2024 price and rent, and 5.4% with the 2T 2026 price. Buying it with an 80% mortgage would take about €26,829 in savings.
That is 1.4 points above the median of the 306 municipalities with data (5.2%), and Mérida ranks 1st of 5 in the province of Badajoz by gross yield.
Rent range (2024): median €430 a month (5.11 €/m²); half of the rented homes pay between €358 and €500 a month (4.16–6.32 €/m², 25th to 75th percentile). Homes analysed: 2,738 rented apartments declared for tax purposes; median size 87 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 Extremadura (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 | €67,800 | €307 | 5.4% | €6,896 | €20,456 |
| 80 m² | €90,400 | €409 | 5.4% | €8,749 | €26,829 |
| 100 m² | €113,000 | €511 | 5.4% | €10,603 | €33,203 |
| 120 m² | €135,600 | €613 | 5.4% | €12,456 | €39,576 |
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 6.6%). “Savings needed” = 20% down payment + buying costs.
Simulate the buying costs Work out the net yield of this flat
Mérida compared with its province, region and Spain
| Area | Gross yield 2024 | Price €/m² (2T 2026) | Rent €/m² (2024) |
|---|---|---|---|
| Mérida | 6.6% | 1,130 | 5.11 |
| Median of Badajoz (5 municipalities) | 5.5% | 1,029 | 4.32 |
| Median of Extremadura (7 municipalities) | 5.5% | 1,130 | 4.45 |
| 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 | €358 | €430 | €500 |
| Rent per m² per month | €4.16 | €5.11 | €6.32 |
| 60 m² flat (estimate) | €250 | €307 | €379 |
| 80 m² flat (estimate) | €333 | €409 | €506 |
| 100 m² flat (estimate) | €416 | €511 | €632 |
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: 2,738. 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 |
|---|---|---|
| Mérida | 5.11 | €430 |
| Median of Badajoz (13 municipalities) | 3.71 | €345 |
| Median of Extremadura (27 municipalities) | 3.61 | €322 |
| 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 Badajoz: Badajoz (5.89 €/m², with yield) · Don Benito (4.32 €/m², with yield) · Almendralejo (3.71 €/m², with yield) · Zafra (4.71 €/m²) · Villanueva de la Serena (3.78 €/m², with yield) · Montijo (3.57 €/m²) · Olivenza (3.61 €/m²) · Villafranca de los Barros (3.49 €/m²) · Llerena (3.79 €/m²) · Azuaga (2.83 €/m²) · Jerez de los Caballeros (3.39 €/m²) · Puebla de la Calzada (3.38 €/m²)