León, in Castilla y León, and Ponferrada, capital of El Bierzo, offer some of the lowest entry prices in northern Spain with steady rental demand from students, healthcare staff and civil servants.
Yields
| Area | Indicative gross yield | Rent (idealista, Aug 2026) |
|---|---|---|
| León city centre | ≈ 5.2 % | €9.6/m² · +7.6 % y/y |
| León province, by neighbourhood | 4.5 – 6.6 % | |
| Ponferrada | Flat by flat | €7.3/m² · +7.9 % y/y |
On deals closed for our clients we have achieved 18 % gross on long-term lets in León and Ponferrada, 24 % renting by the room in Ponferrada and 26.4 % by the room in León. Every deal is different and past results do not guarantee future returns.
Who rents
- Students at the University of León and the Ponferrada campus.
- Healthcare staff at León's university hospital and El Bierzo hospital, often on mid-term contracts.
- Civil servants and families looking for long-term lets.
Costs
Transfer tax (ITP) on resale homes in Castilla y León is 8 % as a general rule, plus notary, registry and refurbishment. Yearly costs include IBI, service charges, insurance and voids.