San Pedro del Pinatar Property Prices, Rents & Rental Yields

About San Pedro del Pinatar

San Pedro del Pinatar sits between the Mar Menor and the Mediterranean, with salt flats, beaches, and a year-round coastal feel that keeps it on the radar for second-home and holiday-let investors. Its setting in Murcia province gives apartments a distinct seaside appeal without losing the practical pull of a lived-in town.

September 2026 brings a clear tension in the apartment market: sale values are edging higher, but rental growth is moving faster. The average sale price now stands at €170,000, up 6.9% year over year and slightly up 0.3% from the previous month, while the average rent has reached €850, rising 7.6% over 12 months and 6.3% month over month. That imbalance suggests that income is improving, but not quite as quickly as entry costs.

The price-per-square-metre reading adds another layer. At €2,000, it is up 4.4% year over year but down 3.2% month over month, which points to some short-term softening beneath a broader annual increase. Against that backdrop, the apartment yield of 6.06% still looks workable, though not immune to pressure if rents keep outpacing sales less consistently than they have in recent months.