Gipuzkoa province Property Prices, Rents & Rental Yields

About Gipuzkoa province

Gipuzkoa spans an Atlantic coastline, San Sebastián and inland valleys, bringing distinct settings together within one Basque province. For apartment investors, that geography is worth keeping in view: a province-wide figure describes the whole area, not the circumstances of any particular town or neighbourhood.

In October 2026, the clearest signal is that annual growth in apartment rents outpaced growth in sale prices, even as both averages held steady from the previous month. Average rent was up 20.0% year over year, compared with a 16.9% rise in the average sale price. The contrast matters for investors weighing purchase costs against rental income, but it does not establish that a newly purchased apartment will perform in the same way as the provincial average. It is an annual comparison, not evidence that rents continued to rise in October itself.

The reported apartment yield is 6.05%, offering a single reference point for that investment calculation. The tension is between substantial annual price growth and a monthly pause in both headline averages: longer-term changes are visible, but the latest month adds no increase in the average sale price or rent. That makes the yield more useful as a starting point for further assessment than as a prediction of returns. Individual properties may have different purchase prices, achievable rents and costs; none of those differences can be resolved from province-wide averages alone.