Granada province Property Prices, Rents & Rental Yields

About Granada province

Granada province stretches from the historic city of Granada and the Sierra Nevada mountains to the Mediterranean coast. Its urban heritage, alpine landscape and coastal towns give apartment investors a varied geographic setting to consider.

In October 2026, the clearest signal for apartments is the gap between sale prices and rents. The average sale price rose 2.2% month on month to €230,000, while the average rent held at €900. Prices moved upward, but rental income did not move with them. That distinction matters more to an income-focused assessment than price growth on its own.

The reported yield is 4.85%, a reference point rather than a return any individual purchase is guaranteed to deliver. It reflects a province-wide snapshot, not the income from a particular apartment after costs. When purchase prices rise while rents remain flat, the initial income return on a newly acquired property can come under pressure. The question is whether the rent achievable for a specific apartment justifies its purchase price, rather than whether the wider price trend looks strong.

Provincial averages are a starting point for comparison, not a substitute for checking a property’s figures. Actual rent, acquisition cost and ongoing expenses will shape the result. This month’s tension is straightforward: sale prices have advanced, while rents have paused. An investment assessment should focus on income relative to the price paid, without assuming the provincial yield applies equally to every apartment.