Property Prices in Murcia, Spain

Index Info
Price to Income Ratio: 16.00
Mortgage as Percentage of Income: 111.88%
Loan Affordability Index: 0.89
Price to Rent Ratio - City Centre: 45.27
Price to Rent Ratio - Outside of Centre: 21.60
Gross Rental Yield (City Centre): 2.21%
Gross Rental Yield (Outside of Centre): 4.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 650.00 € 450.00-900.00
Apartment (1 bedroom) Outside of Centre 633.33 € 550.00-800.00
Apartment (3 bedrooms) in City Centre 1,000.00 € 900.00-1,100.00
Apartment (3 bedrooms) Outside of Centre 800.00 € 700.00-900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 557.41 € 185.80-929.02
Price per Square Feet to Buy Apartment Outside of Centre 240.06 € 162.76-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,340.83 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 3.50-4.00

These data are based on 38 entries in the past 18 months from 8 different contributors.
Last update: March 2024

Sources and References
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