Noja Property Prices, Rents & Rental Yields

About Noja

Noja blends a compact coastal setting with Cantabria’s Atlantic character, making it a distinctive apartment market on Spain’s northern shore. Its appeal is tied to sea air, a small-town scale, and a location that remains closely linked to holiday living and seasonal rhythms.

September 2026 points to a market where pricing is still firmer on the yearly view, even as the month-to-month tone cools slightly. The average apartment sale price stands at €255,500, while the average price per square metre is €3,650, both down 0.8% from the previous month but still up 6.5% and 8.7% year on year. That combination suggests that the broader upward trend has not disappeared, even if near-term momentum has softened.

For investors, the tension is clearer in the income side of the equation. Average rent is €950 and was unchanged month on month, yet it is still up 11.8% compared with a year earlier. Against that backdrop, the reported yield of 5.35% looks respectable, but it also shows how quickly purchase prices and rental growth can pull in different directions. In Noja, apartments are still posting annual gains, but September’s slight price retreat hints at a market that is progressing, not accelerating.