Bilbao Property Prices, Rents & Rental Yields

About Bilbao

Bilbao blends a strong industrial legacy with a renewed urban waterfront, celebrated museums, and compact neighborhoods that keep the city highly livable. For apartment investors, that mix gives Bilbao a distinct profile within Biscay province and across northern Spain.

July 2026 points to a market where prices are still climbing faster than rents, tightening the income case even as values edge higher. The average sale price reached €370,000, up 1.4% from the previous month and 10.4% year on year, while the average price per square meter also stood at €4,110, matching the same monthly and annual growth rate. Against that, the average rent slipped to €1,400, down 1.8% over the month, though it is still 7.7% higher than a year earlier.

That combination leaves the investment picture balanced but more selective. Bilbao’s apartment yield sits at 5.2%, which suggests income is still present, but not enough to offset the faster pace of capital growth on its own. For buyers focused on entry price, the monthly rise in sale values adds pressure; for owners already in the market, the yearly increase shows the city has continued to re-rate over time.