Algeciras Property Prices, Rents & Rental Yields

About Algeciras

Algeciras sits on the Bay of Gibraltar, where the Strait places southern Spain opposite Morocco. Its port and cross-strait setting give the city a distinct coastal identity, while the surrounding Cadiz landscape connects the urban waterfront with the wider Campo de Gibraltar.

In October 2026, the clearest signal for apartments is a split between the overall sale-price average and the price of space. The average sale price rose 5.2% from the previous month to €162,500, while the average price per square metre edged down 0.4%. These measures do not point to uniform price growth, and their divergence alone cannot show whether comparable apartments became more expensive.

For investors, that distinction matters when reading the headline yield of 6.43%. The yield offers a snapshot of the relationship between apartment prices and rent, but it does not explain why the two sale-price measures moved in opposite directions. A higher average price per apartment can coexist with a slightly lower area-based average. Without details on the properties behind each measure, attributing the contrast to any particular cause would go beyond the figures.

For an individual apartment, compare its size and price on a consistent basis before using the published yield as an investment guide. This month's higher overall sale-price average sits beside a small retreat per square metre, making that distinction central to the reading.