Property Prices in Santander, Spain

Index Info
Price to Income Ratio: 6.75
Mortgage as Percentage of Income: 41.95%
Loan Affordability Index: 2.38
Price to Rent Ratio - City Centre: 22.00
Price to Rent Ratio - Outside of Centre: 19.71
Gross Rental Yield (City Centre): 4.55%
Gross Rental Yield (Outside of Centre): 5.07%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 507.14 € 400.00-600.00
Apartment (1 bedroom) Outside of Centre 411.43 € 300.00-500.00
Apartment (3 bedrooms) in City Centre 828.57 € 650.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 630.00 € 450.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 216.77 € 185.80-260.13
Price per Square Feet to Buy Apartment Outside of Centre 153.29 € 111.48-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,475.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.25 1.50-3.00

These data are based on 58 entries in the past 18 months from 10 different contributors.
Last update: April 2021

Sources and References
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