Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 6.06
Mortgage as Percentage of Income: 42.39%
Loan Affordability Index: 2.36
Price to Rent Ratio - City Centre: 18.89
Price to Rent Ratio - Outside of Centre: 17.80
Gross Rental Yield (City Centre): 5.29%
Gross Rental Yield (Outside of Centre): 5.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 583.33 € 500.00-650.00
Apartment (1 bedroom) Outside of Centre 537.50 € 500.00-600.00
Apartment (3 bedrooms) in City Centre 900.00 € 750.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 710.00 € 650.00-950.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 209.03 € 185.80-232.26
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) 1,685.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 3.50-4.15

These data are based on 46 entries in the past 18 months from 12 different contributors.
Last update: March 2024

Sources and References
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