Property Prices in Santander, Spain

Index Info
Price to Income Ratio: 5.97
Mortgage as Percentage of Income: 41.54%
Loan Affordability Index: 2.41
Price to Rent Ratio - City Centre: 21.02
Price to Rent Ratio - Outside of Centre: 19.29
Gross Rental Yield (City Centre): 4.76%
Gross Rental Yield (Outside of Centre): 5.18%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 650.00 €
Apartment (1 bedroom) Outside of Centre 450.00 € 400.00-500.00
Apartment (3 bedrooms) in City Centre 750.00 €
Apartment (3 bedrooms) Outside of Centre 800.00 €
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 232.26 € 139.35-325.16
Price per Square Feet to Buy Apartment Outside of Centre 174.97 € 153.29-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,835.77 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.50-3.50

These data are based on 35 entries in the past 18 months from 20 different contributors.
Last update: February 2024

Sources and References
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