Spainability rankings · Updated July 2026

Highest registered-rent yield towns in Spain

A floor-not-brochure ranking: declared long-let rents against appraised sale values, only where both sides of the calculation exist.

Ranked among the 263 towns with a full published Spainability profile — not all 8,132 municipalities.

The ranking

  1. 1

    Valdepeñas Castilla-La Mancha

    Investor Spainability Score 99

    Registered-rent yield.

  2. 2

    Tortosa Catalonia

    Investor Spainability Score 96

    Registered-rent yield.

  3. 3

    Mérida Extremadura

    Investor Spainability Score 95

    Registered-rent yield.

  4. 4

    Lleida Catalonia

    Investor Spainability Score 94

    Registered-rent yield.

  5. 5

    Carmona Andalusia

    Investor Spainability Score 92

    Registered-rent yield.

  6. 6

    Algeciras Andalusia

    Investor Spainability Score 92

    Registered-rent yield.

  7. 7

    Huelva Andalusia

    Investor Spainability Score 89

    Registered-rent yield.

  8. 8

    Caravaca de la Cruz Murcia

    Investor Spainability Score 86

    Registered-rent yield.

How we ranked this

We answered our own 17-question quiz as a long-let buyer looking for registered-rent yield, durable tenant demand, market liquidity and price momentum, while avoiding structurally risky or extremely seasonal towns. Then we ran every one of Spain's 8,132 municipalities through the same scoring engine the quiz uses, and kept the top-ranked towns with a full published Spainability profile. For this yield-specific list, registered-rent yield is the only scoring factor; towns still must pass the long-let rent and extreme-seasonality gates.

  • Data INE census (population, origins), AEMET climate normals, regional PISA scores, and the Health Ministry's SISLE waiting lists — each town compared against the Spanish average.
  • Reproducible Feed the same persona into our engine and you get this exact order. No hand-picking, no affiliate deals.
  • Data completeness A town is excluded from this ranking if it's missing data for any of its key factors (registered-rent yield) — we don't let a data-sparse town float to the top on the factors it happens to have. No eligible towns were excluded here on that rule.
  • Spainability Score Each town's Investor Spainability Score is its percentile among the 291 municipalities we could score for this profile — a score of 88 means it fits better than 88% of them. It's the same per-persona percentile shown on that town's own page. How Spainability works →
  • What we don't score This is registered-rent yield, not an asking-rent promise: SERPAVI captures declared habitual-residence contracts, the rent p25–p75 band shows its spread, and gross yield excludes vacancy, tax, maintenance and financing. Tourist-let income and licensing are deliberately deferred.

Compare the top 8

# Town Registered-rent yieldRegistered rentRent p25Rent p75Home price
1 Valdepeñas 6.72%€5/m²·mo€4.03/m²·mo€6.16/m²·mo€893/m²
2 Tortosa 5.67%€5.13/m²·mo€3.98/m²·mo€6.56/m²·mo€1,085/m²
3 Mérida 5.6%€5.11/m²·mo€4.16/m²·mo€6.32/m²·mo€1,096/m²
4 Lleida 5.55%€6.61/m²·mo€5.21/m²·mo€8.17/m²·mo€1,428/m²
5 Carmona 5.33%€5.56/m²·mo€4.45/m²·mo€6.74/m²·mo€1,251/m²
6 Algeciras 5.3%€6.77/m²·mo€5.36/m²·mo€8.5/m²·mo€1,533/m²
7 Huelva 5.17%€6.79/m²·mo€5.38/m²·mo€8.66/m²·mo€1,576/m²
8 Caravaca de la Cruz 5.09%€3.66/m²·mo€2.97/m²·mo€4.63/m²·mo€862/m²

Values from the Spainability dataset (INE / AEMET / regional sources). "no data" = we don't have that number for this town and never guess it.

Questions

What does registered-rent yield mean?

It divides annualised SERPAVI registered habitual-residence rent by the municipality's appraised sale value. It is a conservative, reproducible floor rather than a current asking-rent forecast.

Does this include holiday-let income?

No. Tourist-let returns and municipal licence rules are not scored until a reliable regulation layer exists. This ranking is long-let only.

This is a generic long-let property buyer

Get your ranking, not this one →

This list scores one representative persona. Answer a dozen honest questions and we score all 8,132 municipalities against your priorities — climate, cost, healthcare, community, getting home — with the tradeoffs shown as plainly as the wins.

Take the 3-minute quiz →

Last updated: July 2026 · Next update: on INE's next census release (expected 2027).

Re-generated from the Spainability dataset on each data release — the ranking is reproducible, not editorial.

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