San Sebastián de los Reyes Property Prices, Rents & Rental Yields

About San Sebastián de los Reyes

San Sebastián de los Reyes sits in the north of Madrid province, combining a well-connected urban setting with a strong residential base and easy access to major transport and business corridors. Its apartment market reflects that balance, with activity shaped by both owner-occupier living and investment interest.

July 2026 brings the clearest signal: prices have eased month on month, even as rental income has held steady. The average apartment sale price now stands at €289,950, after a 1.7% monthly decline, while the average price per square metre has slipped 3.6% to €3,740. That moderation contrasts with a fuller annual picture, where both values remain higher than a year ago.

For investors, the tension is straightforward. Gross yield is 5.44%, supported by an average rent of €1,200, but rental growth has not moved in step with the wider repricing in sales. Compared with July 2025, average rent is up 6.7% and average sale price is up 6.2%, while the average €/m² has advanced 9.6%. In other words, the market is still appreciating year on year, yet current pricing momentum is softer than the annual trend suggests. That can leave more room for careful entry than earlier in the cycle, but it also means returns depend on selecting assets that can hold value as the market adjusts.