Property Prices in Madrid, Spain

Index Info
Price to Income Ratio: 12.17
Mortgage as Percentage of Income: 74.56%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 26.35
Price to Rent Ratio - Outside of Centre: 22.15
Gross Rental Yield (City Centre): 3.79%
Gross Rental Yield (Outside of Centre): 4.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 879.44 € 750.00-1,200.00
Apartment (1 bedroom) Outside of Centre 666.61 € 550.00-850.00
Apartment (3 bedrooms) in City Centre 1,562.02 € 1,200.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,068.63 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 466.95 € 353.03-557.41
Price per Square Feet to Buy Apartment Outside of Centre 284.61 € 232.26-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,661.48 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.10 1.00-3.50

These data are based on 513 entries in the past 18 months from 96 different contributors.
Last update: July 2021

Sources and References
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