Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 6.65
Mortgage as Percentage of Income: 46.48%
Loan Affordability Index: 2.15
Price to Rent Ratio - City Centre: 21.05
Price to Rent Ratio - Outside of Centre: 18.65
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 5.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 618.75 € 500.00-750.00
Apartment (1 bedroom) Outside of Centre 483.33 € 350.00-550.00
Apartment (3 bedrooms) in City Centre 925.00 € 750.00-1,100.00
Apartment (3 bedrooms) Outside of Centre 742.86 € 650.00-950.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 243.87 € 232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre 170.71 € 134.71-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,676.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.54 2.00-3.75

These data are based on 71 entries in the past 18 months from 12 different contributors.
Last update: November 2023

Sources and References
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