Rental yield in Cartagena
What the official data says about buying a flat to let in Cartagena (Región de Murcia): price, rent, yield and taxes. Then work out your own case.
Median rent rose 5.7% from 2023 to 2024. These are cautious figures: the official rent is the median of all contracts declared in 2024, including older, cheaper ones, and the price is from Q2 2026. Asking rents in today's listings are usually higher: enter your flat in the calculator.
An example flat in Cartagena
A 95 m² flat at the average price (€141,000), let at the median rent (€510 a month), with a 80% mortgage at 2.9%:
Negative cash flow and low IRR- You put in
- €55,378
- Net monthly cash flow
- -€167
- Return on equity
- -3.6%
- Gross yield
- 4.12%
With the purchase taxes of Región de Murcia, annual costs and income tax. Change the price and rent to those of your flat.
Taxes when buying and letting in Región de Murcia
- Resale: transfer tax (ITP) of 7.75% on the price.
- New build: VAT of 10% and stamp duty (AJD) of 1.5%.
- Rent: the net income (rent minus costs, interest and depreciation) is taxed under income tax (IRPF). If the flat is the tenant's main home, it is reduced by 50%, and by up to 90% for some contracts in stressed areas.
The calculator applies all of this to your figures.
Transfer tax in Región de Murcia, band by band, with a buying-costs calculator
Find profitable flats in Cartagena
With the yield map you draw an area of Cartagena and see the flats for sale with their estimated rent and yield, best first.
Frequently asked questions
More cities in the province of Murcia
- Murcia
- Águilas
- Alcantarilla
- Caravaca de la Cruz
- Cieza
- Jumilla
- Lorca
- Mazarrón
- Molina de Segura
- San Javier
- Torre-Pacheco
- Totana
- Yecla
How much does a flat cost in Cartagena?
The average appraised value of private housing in Cartagena is €1,486/m² (Q2 2026, Ministry of Housing). A 95 m² flat would cost about €141,000.
How much is the rent in Cartagena?
The median rent of flats declared in 2024 was €5.42/m² a month: about €510 a month for a 95 m² flat (SERPAVI, Ministry of Housing).
What yield does letting a flat in Cartagena give?
With those medians, the indicative gross yield is 4.4%. The net yield, after costs, mortgage and taxes, depends on each flat: work it out with the ROInmuebles calculator.
What taxes do you pay when buying a home in Cartagena?
In Región de Murcia, resale homes pay transfer tax (ITP) of 7.75%. New builds pay VAT 10% and stamp duty (AJD) of 1.5%.
Sources
Price: Spanish Ministry of Housing and Urban Agenda, appraised housing value statistics (average appraised value of private housing, Q2 2026; 934 appraisals in Cartagena). mivau.gob.es
Rent: Spanish Ministry of Housing and Urban Agenda, State Rental Price Reference System (SERPAVI), from 2024 income tax returns (6,741 flats let in Cartagena). SERPAVI
Indicative estimate based on official data. Not financial or tax advice.