Property Prices in Murcia, Spain

Index
Price to Income Ratio:	8.05
Mortgage as Percentage of Income:	48.67%
Loan Affordability Index:	2.05
Price to Rent Ratio - City Centre:	16.04
Price to Rent Ratio - Outside of Centre:	18.40
Gross Rental Yield (City Centre):	6.23%
Gross Rental Yield (Outside of Centre):	5.43%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	612.50 €	550.00-700.00
Apartment (1 bedroom) Outside of Centre	550.00 €	500.00-800.00
Apartment (3 bedrooms) in City Centre	950.00 €	850.00-2,400.00
Apartment (3 bedrooms) Outside of Centre	700.00 €	500.00-3,300.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	186.73 €	185.80-187.66
Price per Square Feet to Buy Apartment Outside of Centre	178.12 €	162.76-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,219.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	1.95

These data are based on 40 entries in the past 18 months from 8 different contributors.
Last update: March 2023

Sources and References

Nearby cities:

Property Prices in Elche	36.67 miles
Property Prices in Alicante	51.18 miles
Property Prices in Valencia	142.39 miles
Property Prices in Sagunto	159.33 miles
Property Prices in Cuenca	180.21 miles
Property Prices in Castello de la Plana	188.31 miles
Property Prices in Manzanares	193.84 miles
Property Prices in Ciudad Real	225.69 miles
Property Prices in Getafe	246.40 miles
Property Prices in Fuenlabrada	247.25 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%