Property Prices in Elche, Spain

Index Info
Price to Income Ratio: 6.14
Mortgage as Percentage of Income: 38.44%
Loan Affordability Index: 2.60
Price to Rent Ratio - City Centre: 22.73
Price to Rent Ratio - Outside of Centre: 18.78
Gross Rental Yield (City Centre): 4.40%
Gross Rental Yield (Outside of Centre): 5.32%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 437.50 € 350.00-500.00
Apartment (1 bedroom) Outside of Centre 343.75 € 250.00-450.00
Apartment (3 bedrooms) in City Centre 570.00 € 500.00-750.00
Apartment (3 bedrooms) Outside of Centre 415.00 € 325.00-550.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 176.51 € 167.22-185.80
Price per Square Feet to Buy Apartment Outside of Centre 111.48 € 111.48-111.48
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,262.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.33 2.00-3.00

These data are based on 38 entries in the past 18 months from 7 different contributors.
Last update: May 2021

Sources and References
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