Cartagena Property Prices, Rents & Rental Yields

About Cartagena

Cartagena combines a historic Mediterranean port setting with a working-city feel, shaped by naval heritage, coastal access and a compact urban core. For apartment investors, that mix keeps the city relevant beyond the seasonal story and gives it a clear identity within Murcia province.

September 2026 points to a simple but important tension: values are rising faster than income from rent. The average sale price for apartments is €185,000, while the average price per square metre has reached €1,890, up 2.8% month on month and 13.0% year on year. That price momentum is stronger than the rental side, where the average rent sits at €800 and has eased 5.9% over the month, even though it is still 6.7% higher than a year ago.

The result is a market where capital values are clearly advancing, but investors must weigh that against softer monthly rental movement. The current yield of 5.89% still suggests a workable income return, yet the latest rent decline means that return is being tested by faster price growth. In practical terms, Cartagena’s apartment market is not standing still; it is re-pricing upward, and September’s figures show that buyers are paying more for the same stock while rents have not kept pace in the short term.