Property Prices in Benidorm, Spain

Index
Price to Income Ratio:	8.15
Mortgage as Percentage of Income:	56.75%
Loan Affordability Index:	1.76
Price to Rent Ratio - City Centre:	14.02
Price to Rent Ratio - Outside of Centre:	12.91
Gross Rental Yield (City Centre):	7.13%
Gross Rental Yield (Outside of Centre):	7.75%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	850.00 €	750.00-900.00
Apartment (1 bedroom) Outside of Centre	650.00 €	550.00-800.00
Apartment (3 bedrooms) in City Centre	1,400.00 €
Apartment (3 bedrooms) Outside of Centre	1,150.00 €	1,100.00-1,200.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	232.26 €	185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre	168.77 €	111.48-264.77
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,323.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.50	3.50-3.50

These data are based on 19 entries in the past 18 months from 3 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Calp (Calpe)	15.39 miles
Property Prices in Alicante	30.78 miles
Property Prices in Denia	32.81 miles
Property Prices in Gandia	43.16 miles
Property Prices in Novelda	44.49 miles
Property Prices in Elche	45.55 miles
Property Prices in Alzira	67.26 miles
Property Prices in Torrevieja	70.63 miles
Property Prices in Ontinyent	78.02 miles
Property Prices in Murcia	78.78 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	40,200.00
GDP Growth Rate:	5.77%
Population Growth Rate:	0.12%