Gijón Property Prices, Rents & Rental Yields

About Gijón

Gijón combines a coastal setting on the Bay of Biscay with a working urban core, strong everyday services, and a walkable apartment market shaped by both local life and the city’s seafront identity. That mix gives the city a steady, place-specific appeal for residential investment.

September 2026 brings the clearest signal: apartment prices are still moving up, but rental growth is lagging behind. The average sale price reached €249,900, up 2.0% month over month and 6.3% year over year, while the average m2 price rose to €2,910, up 0.8% on the month and 5.1% from a year ago. By contrast, the average rent held at €900, with no monthly change and a 5.9% annual increase.

That gap matters for investors reading the current income picture. The market’s reported yield stands at 4.67%, which suggests returns are being shaped by a firmer sales market than rental repricing in September. In practical terms, the month points to a city where capital values continue to edge higher, but rental levels are not accelerating at the same pace. For apartment buyers, the key tension is between rising entry prices and a yield that remains visible, but not especially loose, as the year progresses.