Almuñécar Property Prices, Rents & Rental Yields

About Almuñécar

Almuñécar sits on Granada province’s Mediterranean edge, where coastal scenery, historic streets, and a year-round holiday atmosphere meet. As a seaside city, it combines everyday urban amenities with a location that keeps the shoreline and the Sierra backdrop close at hand, making it a distinctive apartment market on Spain’s southern coast.

July 2026 brings the clearest signal yet: apartment prices are still moving higher, but the investment yield is not keeping pace. The average sale price now stands at €311,850, while the average price per square metre has climbed to €3,540, up 6.9% over the month and 19.8% over the year. That same monthly move came alongside a 1.0% dip in the average sale price, which suggests pricing is becoming more uneven at the headline level even as underlying values continue to advance.

For investors, the tension is visible in the income side as well. The average rent is €900 and was unchanged month on month, although it is still 2.9% higher than a year ago. Against that backdrop, the current yield of 3.98% points to a market where capital values are rising faster than rental income. In other words, Almuñécar remains in an upward price phase, but the arithmetic for apartment buyers is becoming less forgiving than it was a year ago.