Property Prices in Elche, Spain

Index
Price to Income Ratio:	4.96
Mortgage as Percentage of Income:	39.25%
Loan Affordability Index:	2.55
Price to Rent Ratio - City Centre:	14.05
Price to Rent Ratio - Outside of Centre:	12.94
Gross Rental Yield (City Centre):	7.12%
Gross Rental Yield (Outside of Centre):	7.73%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	550.00 €	400.00-650.00
Apartment (1 bedroom) Outside of Centre	500.00 €	400.00-600.00
Apartment (3 bedrooms) in City Centre	900.00 €	800.00-1,000.00
Apartment (3 bedrooms) Outside of Centre	600.00 €	450.00-700.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	150.19 €	120.77-185.80
Price per Square Feet to Buy Apartment Outside of Centre	111.48 €	83.61-157.93
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,420.80 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00

These data are based on 27 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Alicante	16.03 miles
Property Prices in Murcia	37.49 miles
Property Prices in Albacete	101.35 miles
Property Prices in Valencia	108.00 miles
Property Prices in Sagunto	124.74 miles
Property Prices in Castello de la Plana	153.71 miles
Property Prices in Cuenca	189.74 miles
Property Prices in Manzanares	203.38 miles
Property Prices in Ciudad Real	235.15 miles
Property Prices in Motril	236.05 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%