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Lucena – Real Estate Investment Overview

Data updated monthly.Last update:June 3, 2026
Córdoba province
Confidence
Low

Market Overview: Score, Prices and Rental Yields

Market Score

21Poor
21 / 100
Investability
16
Price momentum
11
Rental demand
38
Sales demand
40

Median Sale Price

€126,000
1M
+3.3%
1Y
+38.5%
Median Sale Price
MonthMedian Sale Price
July€90,000
August€93,000
September€105,000
October€108,000
November€110,000
December€110,000
January€110,000
February€114,500
March€118,000
April€120,000
May€122,000
June€126,000

Median Rent Price

€600
1M
+4.3%
1Y
+20%
Median Rent Price
MonthMedian Rent Price
July€510
August€520
September€530
October€550
November€510
December€550
January€550
February€550
March€620
April€600
May€580
June€600

Gross Rental Yield

6.6%
1M
-9.3%
1Y
-5.8%
Gross Rental Yield
MonthGross Rental Yield
July7.36%
August7.74%
September8.13%
October7%
November6.88%
December6.41%
January6.96%
February6.21%
March6.38%
April6.52%
May7.28%
June6.6%

Square meter cost

€1,260
1M
+3.3%
1Y
+27.4%
Square meter cost
MonthSquare meter cost
July€980
August€990
September€1,080
October€1,160
November€1,160
December€1,140
January€1,120
February€1,160
March€1,180
April€1,200
May€1,220
June€1,260

Market Breakdown

Listings by property size

Studio (1%)
1 bedroom (8%)
2 bedroom (19%)
3 bedroom (61%)
4+ bedroom (11%)
Listings by property size
CategoryListings by property size
Studio (1%)2 listings (1%)
1 bedroom (8%)16 listings (8%)
2 bedroom (19%)40 listings (19%)
3 bedroom (61%)127 listings (61%)
4+ bedroom (11%)23 listings (11%)

Sales Activity Index

22 %

Rent Activity Index

38 %

Gross Rental Yield

Gross Rental Yield
CategoryGross Rental Yield
Studio5.81%
1 bedroom10.15%
2 bedroom6.32%
3 bedroom5.54%
4+ bedroom6%
Gross Rental Yield
CategoryGross Rental Yield
< 30 m² apartments0%
30-40 m² apartments0%
40-50 m² apartments0%
50-60 m² apartments10.39%
60-70 m² apartments0%
70-80 m² apartments5.76%
80-90 m² apartments6.06%
90-100 m² apartments5.9%
100-110 m² apartments0%
110-120 m² apartments0%
120-130 m² apartments0%
130-140 m² apartments0%
140-150 m² apartments5%

Square meter cost

Square meter cost
CategorySquare meter cost
Studio€1,730
1 bedroom€1,140
2 bedroom€1,190
3 bedroom€1,250
4+ bedroom€1,150
Square meter cost
CategorySquare meter cost
< 30 m² apartments2170
30-40 m² apartments1860
40-50 m² apartments0
50-60 m² apartments1110
60-70 m² apartments1110
70-80 m² apartments1590
80-90 m² apartments1150
90-100 m² apartments1370
100-110 m² apartments1270
110-120 m² apartments1190
120-130 m² apartments1090
130-140 m² apartments1230
140-150 m² apartments1260

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
Studio1
1 bedroom14
2 bedroom37
3 bedroom122
4+ bedroom21
Number of listings for sale
CategoryNumber of listings for sale
< 30 m² apartments1
30-40 m² apartments4
40-50 m² apartments0
50-60 m² apartments8
60-70 m² apartments9
70-80 m² apartments12
80-90 m² apartments22
90-100 m² apartments40
100-110 m² apartments30
110-120 m² apartments29
120-130 m² apartments16
130-140 m² apartments9
140-150 m² apartments6

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
Studio1
1 bedroom2
2 bedroom3
3 bedroom5
4+ bedroom2
Number of listings for rent
CategoryNumber of listings for rent
< 30 m² apartments0
30-40 m² apartments0
40-50 m² apartments1
50-60 m² apartments2
60-70 m² apartments0
70-80 m² apartments2
80-90 m² apartments1
90-100 m² apartments4
100-110 m² apartments0
110-120 m² apartments0
120-130 m² apartments0
130-140 m² apartments0
140-150 m² apartments1

Market Trends

Top submarkets

Premium
NameScoreGross YieldMedian Sale Price

Potential annual revenue

€7,200

Studio

€5,520

1 bedroom

€6,600

2 bedroom

€6,000

3 bedroom

€7,200

4+ bedroom

€9,000

Median Sale Price

Median Sale Price
Month1 bedroom2 bedroom3 bedroom4+ bedroom
July€73.1k€85k€104.5k€120k
August€68k€88k€100k€121k
September€79k€88k€110k€120k
October€79k€89k€117k€119k
November€77.5k€90k€120k€125k
December€90k€90k€120k€142.5k
January€90k€88k€120.7k€142.5k
February€85k€93.5k€125.5k€122.5k
March€87.5k€88k€127k€130k
April€62k€93k€128k€138k
May€58.5k€95k€129.9k€140k
June€65k€95k€129.9k€150k

Median Rent Price

Median Rent Price
Month1 bedroom2 bedroom3 bedroom4+ bedroom
July€510€490€590--
August€550€500€650--
September€530€520€600--
October€500€490€580€600
November€550€500€590--
December€480€440€620€750
January€480€530€650€750
February€420€510€650€630
March€480€480€730--
April€500€580€620€680
May€500€550€620€750
June€550€500€600€750

Years to profit (sale to rent ratio)

Years to profit (sale to rent ratio)
Month1 bedroom2 bedroom3 bedroom4+ bedroom
July11.9514.614.89--
August10.314.6712.82--
September12.5414.2415.28--
October13.1715.2916.7416.53
November11.741517.02--
December15.6317.2416.1315.83
January15.6313.9715.4715.83
February16.8715.2816.0916.33
March15.3515.4414.6--
April10.3313.4817.217.04
May9.7514.4617.4615.56
June9.8515.8318.0416.67

Square meter cost

Square meter cost
Month1 bedroom2 bedroom3 bedroom4+ bedroom
July€1,220€1,130€1,050€940
August€1,130€1,140€1,000€940
September€1,320€1,140€1,100€940
October€1,230€1,110€1,190€920
November€1,120€1,170€1,220€960
December€1,290€1,200€1,210€1,110
January€1,240€1,170€1,210€1,110
February€1,250€1,170€1,260€1,020
March€1,340€1,170€1,260€1,000
April€950€1,240€1,250€1,100
May€910€1,220€1,230€1,110
June€1,140€1,190€1,250€1,150

About Lucena

Lucena is a mid-sized town in Córdoba province, Andalusia, on a gentle plain with nearby hills and farmland. Its historic core shows a layered urban fabric, with lanes, stone churches, and traditional façades. The town has long acted as a regional crossroads for commerce and culture, shaping its character.

Its economy blends agriculture-driven trade with services, light manufacturing, and logistics, supported by road and rail links to larger markets. Local activity spans food processing, retail, and construction supply, while nearby Córdoba remains a major center for employment and education. This mix sustains housing demand.

Rental demand in Lucena reflects its regional role: students, professionals, and visitors seeking affordable housing with easy access to urban centers, together with seasonal workers tied to agricultural activity and regional events. Long-term rentals benefit from stable local services, while short stays add tourism-driven demand.
All
6.6 %
195
13
€126,000
€600
Studio
5.81 %
1
1
€95,000
€460
1 Bedroom
10.15 %
14
2
€65,000
€550
2 Bedrooms
6.32 %
37
3
€95,000
€500
3 Bedrooms
5.54 %
122
5
€129,900
€600
4+ Bedrooms
6 %
21
2
€150,000
€750

Summary and Key Takeaways

With a median rental yield of 6.6% and property prices starting at €65,000, Lucena

may become a good investment option for some investors.

Median property prices in Lucena are €126,000, while the median rent is €600. This means that a median property in Lucena will pay for itself in 17.5 years.

Detailed real estate yield breakdown:

A median Studio apartment: 5.81% yield, sale price €95,000, rent €460.

A median 1-bedroom apartment: 10.15% yield, sale price €65,000, rent €550.

A median 2-bedroom apartment: 6.32% yield, sale price €95,000, rent €500.

A median 3-bedroom apartment: 5.54% yield, sale price €129,900, rent €600.

A median 4+ bedroom apartment: 6.00% yield, sale price €150,000, rent €750.

Where exactly to buy the property?

Córdoba province