Property Prices in Murcia, Spain

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Index Info
Price to Income Ratio: 7.06
Mortgage as Percentage of Income: 49.66%
Loan Affordability Index: 2.01
Price to Rent Ratio - City Centre: 19.73
Price to Rent Ratio - Outside of Centre: 16.49
Gross Rental Yield (City Centre): 5.07%
Gross Rental Yield (Outside of Centre): 6.07%
Rent Per Month
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Apartment (1 bedroom) in City Centre 637.50 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 471.43 € 400.00-550.00
Apartment (3 bedrooms) in City Centre 1,050.00 € 900.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 764.29 € 650.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 245.26 € 185.80-929.02
Price per Square Feet to Buy Apartment Outside of Centre 150.50 € 92.90-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,509.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 3.50-4.00

These data are based on 72 entries from 11 contributors over the past 18 months.
Last update: March 2025

Sources and References
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