Property Prices in Lugo, Spain

Index
Price to Income Ratio:	5.86
Mortgage as Percentage of Income:	35.38%
Loan Affordability Index:	2.83
Price to Rent Ratio - City Centre:	21.55
Price to Rent Ratio - Outside of Centre:	19.42
Gross Rental Yield (City Centre):	4.64%
Gross Rental Yield (Outside of Centre):	5.15%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	456.67 €	400.00-485.00
Apartment (1 bedroom) Outside of Centre	391.67 €	300.00-450.00
Apartment (3 bedrooms) in City Centre	696.67 €	575.00-850.00
Apartment (3 bedrooms) Outside of Centre	578.33 €	450.00-735.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	185.80 €	144.00-227.61
Price per Square Feet to Buy Apartment Outside of Centre	141.68 €	102.19-181.16
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,502.60 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	1.93	1.50-2.30

These data are based on 26 entries in the past 18 months from 7 different contributors.
Last update: April 2023

Sources and References

Nearby cities:

Property Prices in Corunna	62.57 miles
Property Prices in Santiago de Compostela	64.50 miles
Property Prices in Vilagarcia de Arousa	88.81 miles
Property Prices in Vigo	122.69 miles
Property Prices in Gijon	136.91 miles
Property Prices in Oviedo	139.54 miles
Property Prices in Valladolid	216.16 miles
Property Prices in La Laguna	216.75 miles
Property Prices in Leon	218.81 miles
Property Prices in Burgos	241.89 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	40,903.00
GDP Growth Rate:	1.95%
Population Growth Rate:	-0.03%