Property Prices in Malaga, Spain

Index Info
Price to Income Ratio: 8.21
Mortgage as Percentage of Income: 51.31%
Loan Affordability Index: 1.95
Price to Rent Ratio - City Centre: 21.64
Price to Rent Ratio - Outside of Centre: 17.45
Gross Rental Yield (City Centre): 4.62%
Gross Rental Yield (Outside of Centre): 5.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 797.11 € 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 651.50 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,384.89 € 900.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,061.90 € 800.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 344.13 € 250.84-418.06
Price per Square Feet to Buy Apartment Outside of Centre 220.64 € 185.80-269.42
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,850.59 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.31 1.50-3.00

These data are based on 177 entries in the past 18 months from 33 different contributors.
Last update: June 2023

Sources and References
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