Laredo Property Prices, Rents & Rental Yields

About Laredo

Laredo, on the Cantabrian coast of northern Spain, combines a long sandy bay with a historic seaside town and easy access to the wider province. For apartments, that setting continues to anchor local investor attention, with the town’s coastal appeal shaping both sales and rental expectations.

September 2026 brings the clearest signal yet: apartment prices are rising faster than rents, tightening the balance between capital growth and income. The average sale price now stands at €285,000, after a 14.0% month-on-month increase and a 28.7% rise year on year. On the pricing side, the average square metre price has also climbed to €3,280, up 14.0% from the previous month and 24.2% higher than a year ago.

That strength in values is not matched by rents. The average rent price is €990, down 23.8% month on month even though it remains 10.0% above last year. As a result, the estimated yield sits at 4.94%, suggesting that September’s market is being driven more by price appreciation than by rental expansion. For apartment investors in Laredo, the message this month is straightforward: the market is still moving upward, but the income equation has become less supportive at the same time.