Property Prices in Vigo, Spain

Index Info
Price to Income Ratio: 6.16
Mortgage as Percentage of Income: 40.43%
Loan Affordability Index: 2.47
Price to Rent Ratio - City Centre: 18.90
Price to Rent Ratio - Outside of Centre: 13.25
Gross Rental Yield (City Centre): 5.29%
Gross Rental Yield (Outside of Centre): 7.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 579.17 € 500.00-725.00
Apartment (1 bedroom) Outside of Centre 500.00 € 400.00-700.00
Apartment (3 bedrooms) in City Centre 950.00 € 800.00-1,335.00
Apartment (3 bedrooms) Outside of Centre 787.50 € 650.00-975.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 213.06 € 193.24-232.26
Price per Square Feet to Buy Apartment Outside of Centre 126.77 € 111.48-144.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,485.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.85 2.00-4.00

These data are based on 49 entries in the past 18 months from 9 different contributors.
Last update: February 2023

Sources and References
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