Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 8.21
Mortgage as Percentage of Income: 50.40%
Loan Affordability Index: 1.98
Price to Rent Ratio - City Centre: 24.70
Price to Rent Ratio - Outside of Centre: 25.44
Gross Rental Yield (City Centre): 4.05%
Gross Rental Yield (Outside of Centre): 3.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 508.89 € 450.00-600.00
Apartment (1 bedroom) Outside of Centre 375.00 € 300.00-400.00
Apartment (3 bedrooms) in City Centre 750.00 € 650.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 553.12 € 500.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 234.00 € 199.74-278.71
Price per Square Feet to Buy Apartment Outside of Centre 177.68 € 148.64-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,350.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.12 1.25-2.50

These data are based on 88 entries in the past 18 months from 14 different contributors.
Last update: July 2021

Sources and References
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