Property Prices in Madrid, Spain

Index Info
Price to Income Ratio: 12.54
Mortgage as Percentage of Income: 77.91%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 24.60
Price to Rent Ratio - Outside of Centre: 20.01
Gross Rental Yield (City Centre): 4.06%
Gross Rental Yield (Outside of Centre): 5.00%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 950.37 € 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 704.31 € 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,674.29 € 1,500.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,165.82 € 900.00-1,500.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 469.44 € 343.74-603.86
Price per Square Feet to Buy Apartment Outside of Centre 275.36 € 213.68-371.61
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 1,598.81 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.25 1.50-3.49

These data are based on 562 entries in the past 18 months from 102 different contributors.
Last update: November 2020

Sources and References
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