Property Prices in Alicante, Spain

Index Info
Price to Income Ratio: 7.89
Mortgage as Percentage of Income: 48.10%
Loan Affordability Index: 2.08
Price to Rent Ratio - City Centre: 23.51
Price to Rent Ratio - Outside of Centre: 20.89
Gross Rental Yield (City Centre): 4.25%
Gross Rental Yield (Outside of Centre): 4.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 522.22 € 400.00-700.00
Apartment (1 bedroom) Outside of Centre 478.57 € 350.00-650.00
Apartment (3 bedrooms) in City Centre 905.00 € 700.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 728.89 € 600.00-1,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 244.64 € 213.68-278.71
Price per Square Feet to Buy Apartment Outside of Centre 188.63 € 139.35-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,477.06 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.04 1.00-3.00

These data are based on 89 entries in the past 18 months from 15 different contributors.
Last update: March 2021

Sources and References
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