Santander Property Prices, Rents & Rental Yields

About Santander

Santander blends a protected bay setting with urban convenience, giving the city a distinct coastal identity in northern Spain. Its apartment market is shaped by a mix of everyday residential use and a location profile that remains closely tied to the waterfront, transport links, and central city life.

July 2026 was defined by a stronger annual price climb than by any short-term shift. Average apartment sale prices reached €290,000, while the average rent held at €1,000, leaving gross yield at 4.52%. The clearest signal is that values are still advancing, but income growth has not matched the same pace, which keeps the investor equation more balanced than expansive.

That tension is visible in the latest price movements. The average sale price rose 0.3% over the month and 11.5% over the year, while the average price per square metre slipped 0.8% month on month even as it remained up 18.1% year on year at €3,410. Rent was unchanged month on month, though it was still 11.1% higher than a year earlier. For apartment investors, Santander is now a market where capital values have clearly moved ahead, yet the rental side has only partly kept pace.