Gijón Property Prices, Rents & Rental Yields

About Gijón

Gijón blends a broad Atlantic shoreline with an urban core that has long anchored Asturias’ coastal economy. For apartment investors, that mix keeps the city relevant through different market cycles, with neighbourhoods shaped by both local living needs and the pull of the seafront.

July 2026 points to a market where capital values are still firm, but rental momentum has eased. The average apartment sale price holds at €245,000, unchanged month on month, while the average price per square metre stays at €2,880 and is up 8.2% year on year. That annual rise confirms that pricing has climbed over the past 12 months even without a fresh monthly move.

The sharper contrast appears on the letting side. Average rent is €930, down 2.6% from the previous month, though still 2.8% higher than a year ago. Against that backdrop, the reported yield of 4.88% suggests an income return that remains positive, but one that is being tested by stronger asset pricing than rent growth. For buyers weighing entry today, Gijón’s apartment market is therefore defined less by a surge in monthly prices than by the tension between steady valuation gains and softer near-term rental traction.