Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 7.61
Mortgage as Percentage of Income: 46.93%
Loan Affordability Index: 2.13
Price to Rent Ratio - City Centre: 26.10
Price to Rent Ratio - Outside of Centre: 22.86
Gross Rental Yield (City Centre): 3.83%
Gross Rental Yield (Outside of Centre): 4.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 537.50 € 450.00-700.00
Apartment (1 bedroom) Outside of Centre 462.50 € 350.00-550.00
Apartment (3 bedrooms) in City Centre 925.00 € 850.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 666.67 € 550.00-750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 278.71 € 232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre 195.09 € 139.35-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,675.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.17 1.25-2.50

These data are based on 58 entries in the past 18 months from 12 different contributors.
Last update: February 2023

Sources and References
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