Cantabria province Property Prices, Rents & Rental Yields

About Cantabria province

Cantabria province blends a green Atlantic coastline, compact urban centres, and easy access to mountains and historic towns. For apartment investors, that mix can create a market shaped by both lifestyle appeal and measured income potential, especially across a region with distinct local submarkets.

July 2026 brings the clearest signal: apartment values are still climbing faster than rents. The average sale price reached €239,000, up 4.1% month over month and 26.5% year over year, while the average price per square metre rose to €2,910, also up 4.1% on the month and 31.1% from a year earlier. That pace of appreciation points to a market where pricing power has been more decisive than rental growth.

The income side moved more slowly. Average apartment rent stood at €990 in July, down 0.3% from June but still 10.3% higher than a year ago. As a result, the yield settled at 5.18%, which suggests returns remain available, but they are being squeezed by rising acquisition costs. For investors, the key tension in Cantabria is straightforward: capital values are advancing strongly, yet rents are not keeping the same monthly pace. That combination can support long-term price momentum, but it also means underwriting needs to be more selective as the entry point becomes more expensive.