Cádiz
1 homes
Cádiz
The oldest continuously inhabited city in Western Europe, built on a narrow spit of land with the Atlantic on three sides. The historic centre cannot grow, the buildings are protected, and the ceilings inside them are unlike anywhere else in Spain.
Life here
- Atlantic beaches in the city
- Carnaval and street life
- Andalusian food and wine
- Warm, walkable winters
Ownership rationale
Prices remain far below Málaga and Seville for comparable historic stock, and the protected old town limits new supply. Demand is mostly Spanish and year-round, with a growing seasonal rental market around Carnaval and summer.
Getting here
Jerez airport is 40 minutes; Seville around 90 minutes, with a direct train into the centre of Cádiz.
The market, honestly
Published data where it exists — sources belowPrice per square metre
Above €3,000 / m² in the city, around €3,083 / m² in the old town
idealista has Cádiz holding above €3,000/m² at record levels; RealAdvisor puts the 11007 old-town postcode at €3,083/m² (July 2026). Rehabilitated apartments inside the walls with height, light and a lift trade well above that — the protected old town cannot add supply, and four new developments in 2026 are selling above €400,000 a unit.
Last three years
At record highs, above the national average trajectory
Cádiz has been at historic highs through 2025 and 2026 (idealista). For context, the Spanish average moved from €2,715/m² to €3,154/m² in the year to July 2026 (Fotocasa) — Cádiz has tracked that national surge while its intramuros stock stays fixed by heritage protection.
Rental return
4 – 6% gross (our estimate)
Not a published figure. Demand is year-round and mostly Spanish, with peaks at Carnaval and in summer. Tourist-licence availability inside the old town should be checked property by property.
Holding and resale
€1,800 – €4,000 a year (our estimate)
Typical annual running costs including taxes, utilities and basic maintenance. Good for rehabilitated intramuros stock; slower for unrenovated protected buildings.
Who this suits
- Buyers who want Atlantic city life at well below Málaga or Seville prices
- Owners who value protected architecture and a fixed supply of it
Price levels and recent movement come from the published sources listed below, read in 2026. Rental returns, running costs and liquidity are our own working estimates and are labelled as such. None of this is a valuation — any specific home we bring you is underwritten on its own numbers.
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