Cartagena Property Investment 2026
Average price of €2,200/m² provides excellent value compared to Spanish island markets (40% less expensive). Typical 7-night rental income of €800 demonstrates strong rental potential, particularly appealing for holiday let investors. Capital growth prospects remain favorable given market trends and continued international demand.
Projected rental income & ROI
Indicative figures using Cartagena's 6.5% mid-point gross yield and 6.5% annual appreciation. Gross rent is before running costs; the 5-year value assumes appreciation continues at the historic rate.
| Example | Purchase price | Gross rent / year | Gross rent / month | Est. value in 5 yrs |
|---|---|---|---|---|
| Apartment | €388,765 | €25,270 | €2,106 | €532,642 |
| Villa | €1,005,080 | €65,330 | €5,444 | €1,377,047 |
| Townhouse | €277,000 | €18,005 | €1,500 | €379,514 |
Illustrative only — not financial advice. Actual returns depend on occupancy, costs, taxes and market conditions.
Why investors choose Cartagena
- ✓Strong holiday rental demand during peak season (May-October)
- ✓Lower entry prices than comparable markets with similar rental returns
- ✓Growing international demand driving steady price appreciation
- ✓Short-term holiday lets popular with European tourists
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Cartagena investment — FAQ
Is Cartagena a good place to invest in property?+
Average price of €2,200/m² provides excellent value compared to Spanish island markets (40% less expensive). Typical 7-night rental income of €800 demonstrates strong rental potential, particularly appealing for holiday let investors. Capital growth prospects remain favorable given market trends and continued international demand. Current new-build entry prices start from €255,000, with rental yields of 5-8% and capital appreciation around 5-8% per year.
What rental yield can I expect in Cartagena?+
Cartagena new-build properties typically achieve gross rental yields of 5-8%. On a €388,765 property at the 6.5% mid-point, that's roughly €25,270 gross rent a year (€2,106/month) before costs.
How much could a property in Cartagena be worth in 5 years?+
At the area's historic appreciation rate of 5-8%/year, a €388,765 property today could be worth around €532,642 in 5 years. This is an illustrative projection, not a guarantee — past growth doesn't ensure future returns.
What are the running costs of a rental property in Cartagena?+
Budget for community fees, IBI (council tax), home insurance, utilities between lets, and management/cleaning if you use a holiday-let agency. A Spanish tourist rental licence is required for short-term holiday lets. Net yields are typically 1–2 points below the gross figures shown here.
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