Property Prices in Bilbao, Spain

Index Info
Price to Income Ratio: 8.81
Mortgage as Percentage of Income: 54.10%
Loan Affordability Index: 1.85
Price to Rent Ratio - City Centre: 20.01
Price to Rent Ratio - Outside of Centre: 17.81
Gross Rental Yield (City Centre): 5.00%
Gross Rental Yield (Outside of Centre): 5.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 935.71 € 850.00-1,100.00
Apartment (1 bedroom) Outside of Centre 780.00 € 700.00-900.00
Apartment (3 bedrooms) in City Centre 1,400.00 € 1,300.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,166.67 € 1,000.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 350.71 € 325.16-399.48
Price per Square Feet to Buy Apartment Outside of Centre 260.09 € 232.26-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,865.23 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.12 1.30-3.50

These data are based on 72 entries in the past 18 months from 20 different contributors.
Last update: February 2023

Sources and References
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