Property Prices in Alicante, Spain

Index Info
Price to Income Ratio: 6.28
Mortgage as Percentage of Income: 44.28%
Loan Affordability Index: 2.26
Price to Rent Ratio - City Centre: 13.81
Price to Rent Ratio - Outside of Centre: 13.86
Gross Rental Yield (City Centre): 7.24%
Gross Rental Yield (Outside of Centre): 7.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 721.00 € 560.00-1,000.00
Apartment (1 bedroom) Outside of Centre 580.56 € 450.00-800.00
Apartment (3 bedrooms) in City Centre 1,158.33 € 900.00-1,859.86
Apartment (3 bedrooms) Outside of Centre 865.25 € 700.00-1,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 192.00 € 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 150.50 € 120.77-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,467.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.64 2.50-4.00

These data are based on 110 entries in the past 18 months from 22 different contributors.
Last update: November 2023

Sources and References
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