Property Prices in Alicante, Spain

Index Info
Price to Income Ratio: 7.39
Mortgage as Percentage of Income: 51.81%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 15.48
Price to Rent Ratio - Outside of Centre: 13.63
Gross Rental Yield (City Centre): 6.46%
Gross Rental Yield (Outside of Centre): 7.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 858.33 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 586.11 € 450.00-800.00
Apartment (3 bedrooms) in City Centre 1,323.32 € 850.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 808.93 € 650.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 251.86 € 199.18-334.45
Price per Square Feet to Buy Apartment Outside of Centre 144.93 € 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,445.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.50-4.00

These data are based on 93 entries in the past 18 months from 20 different contributors.
Last update: April 2024

Sources and References
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