Property Prices in Palma de Mallorca, Spain
| Index |  |
|---|---|
| Price to Income Ratio: | 10.88 |
| Mortgage as Percentage of Income: | 71.09% |
| Loan Affordability Index: | 1.41 |
| Price to Rent Ratio - City Centre: | 24.72 |
| Price to Rent Ratio - Outside of Centre: | 17.97 |
| Gross Rental Yield (City Centre): | 4.05% |
| Gross Rental Yield (Outside of Centre): | 5.57% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 844.44 € | |
| Apartment (1 bedroom) Outside of Centre | 687.50 € | |
| Apartment (3 bedrooms) in City Centre | 1,343.75 € | |
| Apartment (3 bedrooms) Outside of Centre | 1,106.25 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 401.03 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 238.45 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,582.14 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.80 |
These data are based on 83 entries in the past 18 months from 13 different contributors.
Last update: March 2023
Sources and References
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Nearby cities:| Property Prices in Pollença | 35.92 miles |
| Property Prices in Ibiza | 84.48 miles |
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Joe Bellber