Property Prices in Murcia, Spain

Index Info
Price to Income Ratio: 7.20
Mortgage as Percentage of Income: 45.18%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 17.73
Price to Rent Ratio - Outside of Centre: 19.23
Gross Rental Yield (City Centre): 5.64%
Gross Rental Yield (Outside of Centre): 5.20%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 608.33 € 600.00-625.00
Apartment (1 bedroom) Outside of Centre 450.00 € 350.00-550.00
Apartment (3 bedrooms) in City Centre 750.00 € 500.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 583.33 € 450.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 187.66 €
Price per Square Feet to Buy Apartment Outside of Centre 153.35 € 111.48-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,273.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.35 1.95-2.75

These data are based on 24 entries in the past 18 months from 6 different contributors.
Last update: July 2022

Sources and References
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