Property Prices in Murcia, Spain

Index Info
Price to Income Ratio: 7.01
Mortgage as Percentage of Income: 43.99%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 23.90
Price to Rent Ratio - Outside of Centre: 20.59
Gross Rental Yield (City Centre): 4.18%
Gross Rental Yield (Outside of Centre): 4.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 513.62 € 450.00-565.00
Apartment (1 bedroom) Outside of Centre 358.33 € 300.00-400.00
Apartment (3 bedrooms) in City Centre 711.11 € 600.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 525.00 € 400.00-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 222.97 € 167.22-278.71
Price per Square Feet to Buy Apartment Outside of Centre 137.03 € 111.48-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,381.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.35 1.95-2.75

These data are based on 71 entries in the past 18 months from 13 different contributors.
Last update: April 2021

Sources and References
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