Vitoria-Gasteiz Property Prices, Rents & Rental Yields

About Vitoria-Gasteiz

Vitoria-Gasteiz, the capital of Álava, combines a compact urban core with a strong civic identity and a well-established role as the Basque Country’s administrative centre. Its mix of historic streets, green spaces and everyday services gives the city a stable backdrop for residential investment.

July 2026 points to a market where pricing momentum is still ahead of rental growth. For apartments, the average sale price reached €310,110 and the average square metre price stood at €3,260, both moving higher over the month, while the average rent eased to €1,210. That combination matters because it lifts entry costs faster than the income side is adjusting.

The clearest signal is the squeeze on yield economics. The current gross yield sits at 5.24%, which remains workable, but it is being tested by the fact that sale prices rose 3.5% month on month and 10.8% year on year, while rent increased only 1.1% over the year and fell 5.5% in July. In other words, the market is still appreciating, yet rental pricing is not keeping pace. For investors focused on apartments in Vitoria-Gasteiz, the latest reading suggests a city where capital values are advancing more quickly than cash flow.