Gipuzkoa province Property Prices, Rents & Rental Yields

About Gipuzkoa province

Gipuzkoa, on Spain’s northeastern coast, blends Atlantic shoreline, mountain landscapes, and a compact network of cities and towns. Its province-wide setting gives apartments a mix of urban convenience and regional character, with market conditions that can shift quickly between coastal and inland areas.

September 2026 brings the clearest signal yet: prices are still higher over the year, but monthly momentum has softened. The average apartment sale price stands at €380,000, while the average price per square metre is €4,470. Both measures are down 1.3% from the previous month, even as they remain well above last year’s levels, with the per-square-metre figure up 22.9% year on year.

That combination points to a market where valuation pressure has not disappeared, but pricing is no longer moving in a straight line. Rents have continued to climb, reaching an average of €1,800 and rising 5.9% month on month and 20.0% year on year. Against that backdrop, the average yield of 5.89% suggests income remains meaningful, yet the gap between rising annual pricing and steadier monthly sale values is narrowing investor room.