Property Prices in Madrid, Spain

Index Info
Price to Income Ratio: 11.08
Mortgage as Percentage of Income: 68.06%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 23.78
Price to Rent Ratio - Outside of Centre: 21.65
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 4.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,006.00 € 800.00-1,300.00
Apartment (1 bedroom) Outside of Centre 761.70 € 600.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,692.00 € 1,400.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,230.71 € 1,000.00-1,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 470.63 € 371.61-650.32
Price per Square Feet to Buy Apartment Outside of Centre 318.85 € 260.13-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,917.40 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.13 1.00-3.00

These data are based on 383 entries in the past 18 months from 69 different contributors.
Last update: August 2022

Sources and References
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