Property Prices in Alicante, Spain

Index Info
Price to Income Ratio: 6.49
Mortgage as Percentage of Income: 45.47%
Loan Affordability Index: 2.20
Price to Rent Ratio - City Centre: 15.20
Price to Rent Ratio - Outside of Centre: 13.32
Gross Rental Yield (City Centre): 6.58%
Gross Rental Yield (Outside of Centre): 7.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 858.08 € 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 669.99 € 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,234.62 € 850.00-1,859.86
Apartment (3 bedrooms) Outside of Centre 866.67 € 700.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 240.51 € 195.09-334.45
Price per Square Feet to Buy Apartment Outside of Centre 157.93 € 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,653.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.50-4.00

These data are based on 99 entries in the past 18 months from 20 different contributors.
Last update: November 2024

Sources and References
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