Property Prices in Bilbao, Spain

Index Info
Price to Income Ratio: 9.10
Mortgage as Percentage of Income: 62.67%
Loan Affordability Index: 1.60
Price to Rent Ratio - City Centre: 20.30
Price to Rent Ratio - Outside of Centre: 19.48
Gross Rental Yield (City Centre): 4.93%
Gross Rental Yield (Outside of Centre): 5.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 942.86 € 850.00-1,000.00
Apartment (1 bedroom) Outside of Centre 816.67 € 750.00-900.00
Apartment (3 bedrooms) in City Centre 1,568.75 € 1,400.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,152.50 € 1,000.00-1,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 374.71 € 325.16-436.64
Price per Square Feet to Buy Apartment Outside of Centre 291.09 € 278.71-334.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,968.06 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.38 2.80-3.50

These data are based on 88 entries from 17 contributors over the past 18 months.
Last update: April 2025

Sources and References
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