Property Prices in Alicante, Spain

Index Info
Price to Income Ratio: 7.53
Mortgage as Percentage of Income: 52.76%
Loan Affordability Index: 1.90
Price to Rent Ratio - City Centre: 15.14
Price to Rent Ratio - Outside of Centre: 13.95
Gross Rental Yield (City Centre): 6.61%
Gross Rental Yield (Outside of Centre): 7.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 878.57 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 625.00 € 475.00-850.00
Apartment (3 bedrooms) in City Centre 1,350.99 € 850.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 858.93 € 700.00-1,400.00
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 157.93 € 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,465.42 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.50-4.00

These data are based on 90 entries in the past 18 months from 17 different contributors.
Last update: May 2024

Sources and References
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