Algeciras Property Prices, Rents & Rental Yields

About Algeciras

Algeciras sits at the gateway between the Mediterranean and the Atlantic, where port activity, coastal views, and links across southern Andalusia shape a city with a distinctly strategic feel. Its apartment market reflects that setting, balancing residential use with the influence of a busy commercial corridor.

September 2026 brings the clearest signal: pricing is still climbing year on year, but only with a slight pause month to month. The average apartment sale price stands at €154,500, down 0.3% from August, while the average price per square metre is €1,720, also down 0.3%. Against that softer monthly tone, the annual picture remains firmly positive, with sale values up 10.4% and the m2 rate up 15.3%.

Rents are moving in the same broader direction, which keeps the market tension in focus. The average rent is €750, unchanged from the previous month but 15.4% higher than a year ago. That combination leaves the headline yield at 6.46%, suggesting that income remains attractive, even as capital values and rents have both advanced over the past 12 months. For apartment investors, Algeciras is now a market where rising pricing power is evident, but the latest monthly numbers hint at a more measured pace than the yearly trend.