Property Prices in Spain

Index Info
Price to Income Ratio: 8.59
Mortgage as Percentage of Income: 58.89%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 21.04
Price to Rent Ratio - Outside of Centre: 16.67
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 6.00%
Rent Per Month
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1 Bedroom Apartment in City Centre 885.12 € 600.00-1,420.81
1 Bedroom Apartment Outside of City Centre 689.44 € 450.00-1,072.03
3 Bedroom Apartment in City Centre 1,392.72 € 900.00-2,500.00
3 Bedroom Apartment Outside of City Centre 1,053.55 € 725.00-1,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 356.02 € 226.96-684.87
Price per Square Feet to Buy Apartment Outside of Centre 217.15 € 131.11-390.19
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,796.32 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.33 2.70-4.20

These data are based on 4355 entries from 826 contributors over the past 18 months.
Last update: 6 February 2026
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Spain

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
A Coruña (Corunna) 7.9 4.1 6.7 24.6 15.0 54.5 1.8
Alicante 7.0 5.2 9.3 19.2 10.7 47.9 2.1
Almeria 6.5 7.2 7.1 13.8 14.1 44.3 2.3
Barcelona 11.9 4.8 5.2 20.6 19.1 80.0 1.3
Benidorm 11.1 4.2 6.4 23.8 15.6 76.7 1.3
Bilbao 10.0 4.7 5.7 21.3 17.5 67.0 1.5
Cadiz 7.2 4.7 5.6 21.1 17.8 52.2 1.9
Castello de la Plana 4.5 8.0 9.0 12.5 11.1 30.4 3.3
Elche 5.5 5.8 6.6 17.2 15.2 40.8 2.5
Fuengirola 8.7 6.5 6.0 15.3 16.7 59.9 1.7
Gandia 3.0 10.6 10.7 9.4 9.4 21.4 4.7
Gijon 7.5 5.0 6.6 19.9 15.2 51.9 1.9
Girona 10.7 5.4 6.1 18.6 16.5 75.2 1.3
Granada 7.4 5.0 5.8 20.0 17.4 51.4 1.9
Ibiza 12.6 5.8 13.8 17.1 7.3 86.2 1.2
Las Palmas de Gran Canaria 6.8 6.8 9.0 14.7 11.1 45.8 2.2
Leon 4.6 8.3 7.2 12.1 13.9 33.2 3.0
Madrid 12.5 3.8 5.3 26.0 18.7 84.0 1.2
Malaga 11.4 5.5 7.1 18.2 14.1 79.8 1.3
Marbella 11.1 4.5 5.2 22.1 19.2 79.7 1.3
Murcia 6.1 4.8 6.6 20.9 15.1 41.6 2.4
Oviedo 5.7 5.2 7.2 19.3 14.0 39.3 2.5
Palma de Mallorca 13.1 4.2 5.7 23.9 17.5 87.0 1.1
Pamplona 7.4 5.3 5.7 19.0 17.6 53.5 1.9
Sabadell 7.1 5.7 6.4 17.6 15.7 48.5 2.1
Salamanca 7.9 4.9 7.6 20.4 13.2 55.3 1.8
San Sebastian 14.1 2.9 4.3 34.4 23.2 96.8 1.0
Santa Cruz de Tenerife 8.1 6.1 8.2 16.5 12.2 56.0 1.8
Santander 7.6 5.9 4.5 17.0 22.1 52.9 1.9
Seville (Sevilla) 9.2 4.3 6.9 23.2 14.6 62.9 1.6
Tarragona 4.5 6.5 13.0 15.5 7.7 30.2 3.3
Torrevieja 7.4 5.2 4.5 19.1 22.1 49.8 2.0
Valencia 9.9 5.1 6.2 19.8 16.2 67.3 1.5
Valladolid 8.4 3.4 2.7 29.3 36.7 56.4 1.8
Vigo 5.5 6.0 6.7 16.7 14.9 39.6 2.5
Zaragoza (Saragossa) 6.7 5.0 7.9 20.1 12.6 46.9 2.1
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