Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 7.54
Mortgage as Percentage of Income: 52.25%
Loan Affordability Index: 1.91
Price to Rent Ratio - City Centre: 19.77
Price to Rent Ratio - Outside of Centre: 16.68
Gross Rental Yield (City Centre): 5.06%
Gross Rental Yield (Outside of Centre): 6.00%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre €758.29 650.00-850.00
1 Bedroom Apartment Outside of City Centre €616.67 500.00-700.00
3 Bedroom Apartment in City Centre €1,083.33 950.00-1,200.00
3 Bedroom Apartment Outside of City Centre €838.14 750.00-900.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre €275.72 270.35-282.29
Price per Square Feet to Buy Apartment Outside of Centre €185.48 172.27-194.17
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) €1,645.82
Annual Mortgage Interest Rate (20-Year Fixed, in %) 3.45 2.90-3.75

These data are based on 73 entries from 10 contributors over the past 18 months.
Last update: 14 May 2026

Sources and References
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