Property Prices in Bilbao, Spain

Index Info
Price to Income Ratio: 11.93
Mortgage as Percentage of Income: 75.37%
Loan Affordability Index: 1.33
Price to Rent Ratio - City Centre: 26.28
Price to Rent Ratio - Outside of Centre: 21.96
Gross Rental Yield (City Centre): 3.80%
Gross Rental Yield (Outside of Centre): 4.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 826.92 € 700.00-1,100.00
Apartment (1 bedroom) Outside of Centre 653.85 € 600.00-800.00
Apartment (3 bedrooms) in City Centre 1,250.00 € 1,000.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 926.62 € 775.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 408.77 € 325.16-743.22
Price per Square Feet to Buy Apartment Outside of Centre 263.22 € 195.09-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,515.23 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.42 1.50-3.00

These data are based on 126 entries in the past 18 months from 20 different contributors.
Last update: February 2021

Sources and References
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