Palencia property prices and rental yields
Area of Castilla y León, Spain
Home prices in Palencia fell 0.6% a year on average from 2016 to 2025, the 9th fastest of 9 areas in Castilla y León. Local rents are not published, so Castilla y León's rental yield of 6.9% is shown. A square metre cost €991 in 2025 (17% below the Castilla y León level of €1,188).
Updated 2026-10-28 · Data 2015–2026 so far
Price growth
−0.6%
a year, 2016–2025
Rental yield
6.9%
12-month lets, gross, 2016–2025 average, Castilla y León figure
Price per m²
€991
2025
Price growth in 2026 so far
+11.1%
on the same months of 2025
Price growth by year
% change on the year before
How Palencia compares
Palencia
Castilla y LeónPrice growth−0.6%
Rental yield6.9%
Price per m²€991
Price growth+4.8%
Rental yield6.9%
Price per m²€1,188
Questions
What is the average property price per m² in Palencia?
€991 per m² in 2025, from Ministry of Housing and Urban Agenda (MIVAU).
How much have property prices risen in Palencia?
−0.6% a year on average from 2016 to 2025, and +11.1% in 2026 so far.
What rental yield can you get in Palencia?
No local rent figures are published for Palencia; Castilla y León's average gross yield was 6.9% in 2016–2025.
Sources
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