Algeciras Property Prices, Rents & Rental Yields

About Algeciras

Algeciras sits at a strategic crossroads on the edge of the Strait of Gibraltar, where port activity, coastal scenery, and the cadence of southern Andalusia meet. As a city in Cádiz province, it combines maritime energy with a distinctly local urban fabric, giving apartments a setting shaped by movement, trade, and everyday residential use.

July 2026 brings the clearest signal: prices are still climbing, but rental income is not keeping pace. The average apartment sale price has reached €152,000, up 2.0% from last month and 8.6% higher than a year ago, while the average price per square metre has moved to €1,690, also up 2.0% month on month and 14.6% year on year. Against that backdrop, the average rent remains unchanged at €750.

That combination leaves the gross yield at 6.52%, which suggests investment returns are being squeezed even as capital values continue to advance. In practical terms, July’s market note points to a simple tension: ownership costs are rising faster than rents, so the income profile is not strengthening alongside the sale market. For apartment investors, Algeciras now looks like a market where pricing momentum is evident, but the gap between sale growth and flat rents matters more than ever.