Property Prices in Cartagena, Spain

Index
Price to Income Ratio:	4.30
Mortgage as Percentage of Income:	29.46%
Loan Affordability Index:	3.39
Price to Rent Ratio - City Centre:	13.65
Price to Rent Ratio - Outside of Centre:	14.08
Gross Rental Yield (City Centre):	7.33%
Gross Rental Yield (Outside of Centre):	7.10%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	525.00 €	400.00-650.00
Apartment (1 bedroom) Outside of Centre	400.00 €	300.00-450.00
Apartment (3 bedrooms) in City Centre	886.67 €	700.00-980.00
Apartment (3 bedrooms) Outside of Centre	650.00 €	500.00-750.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	141.21 €	102.19-183.95
Price per Square Feet to Buy Apartment Outside of Centre	109.16 €	83.61-148.64
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,568.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.33	2.50-4.00

These data are based on 42 entries in the past 18 months from 8 different contributors.
Last update: June 2023

Sources and References

Nearby cities:

Property Prices in San Javier	18.21 miles
Property Prices in Murcia	33.13 miles
Property Prices in Torrevieja	35.70 miles
Property Prices in Lorca	58.53 miles
Property Prices in Elche	63.16 miles
Property Prices in Cuevas del Almanzora	64.16 miles
Property Prices in Novelda	69.59 miles
Property Prices in Caravaca de la Cruz	73.73 miles
Property Prices in Alicante	75.80 miles
Property Prices in San Vicente del Raspeig	78.63 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	40,903.00
GDP Growth Rate:	1.95%
Population Growth Rate:	-0.03%