Armilla Property Prices, Rents & Rental Yields

About Armilla

Armilla offers a city-level view of apartment investment in Granada province, Spain. Its distinct local setting matters: these figures describe apartments in Armilla, not a province-wide average, so the market note is best read on its own terms.

In October 2026, the sharpest signal for Armilla apartments is the divergence between rents and sale prices. Average rent fell 11.1% month over month, while the average sale price rose 0.9% over the same period. Those moves point in opposite directions for an investor assessing rental income against the price of an apartment, although neither change alone establishes a lasting trend.

The average sale price stands at €176,500, and the reported yield is 5.15%. Together, these figures offer a snapshot rather than a promise of returns: the yield is a market measure, while an individual property's outcome will depend on its actual purchase price and rent. The monthly rent decline makes it especially important not to assume that an earlier rental figure still reflects October's position.

For an investment reading, the central question is whether the recent split between pricing and rent proves temporary or persists. A modest rise in the average sale price does not erase the income-side change, and the reported yield should be interpreted alongside both. October's data therefore support a measured view of Armilla apartments: compare any proposed deal with the current city-level figures, while keeping monthly movements distinct from a longer-term forecast.