Cartagena Property Prices, Rents & Rental Yields

About Cartagena

Cartagena, on Spain’s Mediterranean southeast coast, blends a historic harbour, naval heritage and a compact urban core with beaches, Roman remains and an active port setting. That mix gives the city a distinct investment backdrop that is different from the larger resort markets nearby.

July 2026 points to a clear tension in Cartagena’s apartment market: prices are climbing faster than rents. The average sale price has reached €180,000 after rising 8.4% month on month and 20.8% year on year, while the average price per square metre now stands at €1,840, up 7.3% over the month and 17.1% over the year.

By contrast, the average rent price is unchanged at €850, which leaves the 6.1% yield looking steadier than the purchase side suggests. For investors, that gap matters. The market is still advancing, but the latest figures imply that capital values are doing most of the work, not rental growth. In practical terms, July’s note is less about a broad repricing and more about a market where apartment sales are moving up faster than income.