Property Prices in Albufeira, Portugal

Index
Price to Income Ratio:	6.86
Mortgage as Percentage of Income:	54.44%
Loan Affordability Index:	1.84
Price to Rent Ratio - City Centre:	6.29
Price to Rent Ratio - Outside of Centre:	8.77
Gross Rental Yield (City Centre):	15.90%
Gross Rental Yield (Outside of Centre):	11.40%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,550.00 €	1,000.00-2,500.00
Apartment (1 bedroom) Outside of Centre	1,216.67 €	950.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,712.50 €	1,850.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	1,483.33 €	1,100.00-1,900.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	195.09 €	185.80-204.38
Price per Square Feet to Buy Apartment Outside of Centre	184.88 €	183.95-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,490.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.02	4.20-5.43

These data are based on 28 entries in the past 18 months from 5 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Portimao	23.68 miles
Property Prices in Algarve	28.48 miles
Property Prices in Lagos	36.74 miles
Property Prices in Tavira	42.71 miles
Property Prices in Vila Real de Santo Antonio	59.54 miles
Property Prices in Evora	126.63 miles
Property Prices in Pinhal Novo	138.29 miles
Property Prices in Redondo	142.66 miles
Property Prices in Barreiro	148.78 miles
Property Prices in Amora	148.81 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	35,800.00
GDP Growth Rate:	6.83%
Population Growth Rate:	-0.17%