Laredo Property Prices, Rents & Rental Yields

About Laredo

Laredo, in the northern coastal belt of Cantabria province, combines a compact urban setting with seaside appeal and easy regional connectivity. Its apartment market reflects that dual identity: part local living, part seasonal investment story, with prices now moving in a way that deserves close attention.

June 2026 brought the clearest signal so far: apartment sale prices softened month on month even as the broader annual trend remained positive. The average sale price stands at €247,000, down 4.6% from the previous month, while the average price per square metre is €2,839, down 11.8% month on month. That pullback comes after a stronger year-long climb, with the average sale price still up 25.7% year on year and the price per square metre up 15.6%.

For investors, the tension is straightforward. The average rent price remains at €1,500, unchanged month on month and year on year, so the monthly income side has not adjusted in step with the higher asset values seen over the past 12 months. Against that backdrop, the current yield of 8.65% looks notable, but it also sits within a market where recent price movements are easing while the longer-term trend still points higher. In practical terms, June’s numbers suggest a market balancing recent valuation pressure with an income profile that has not yet moved upward.