Property Prices in Benidorm, Spain

Index Info
Price to Income Ratio: 7.75
Mortgage as Percentage of Income: 54.10%
Loan Affordability Index: 1.85
Price to Rent Ratio - City Centre: 18.35
Price to Rent Ratio - Outside of Centre: 15.08
Gross Rental Yield (City Centre): 5.45%
Gross Rental Yield (Outside of Centre): 6.63%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 583.33 € 450.00-700.00
Apartment (1 bedroom) Outside of Centre 583.33 € 550.00-650.00
Apartment (3 bedrooms) in City Centre 1,000.00 € 850.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 925.00 € 750.00-1,100.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 212.37 € 167.22-278.71
Price per Square Feet to Buy Apartment Outside of Centre 168.77 € 111.48-264.77
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,323.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.53 1.00-3.60

These data are based on 27 entries in the past 18 months from 5 different contributors.
Last update: August 2023

Sources and References
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