Property Prices in Granada, Spain

Index Info
Price to Income Ratio: 6.87
Mortgage as Percentage of Income: 48.06%
Loan Affordability Index: 2.08
Price to Rent Ratio - City Centre: 17.30
Price to Rent Ratio - Outside of Centre: 16.82
Gross Rental Yield (City Centre): 5.78%
Gross Rental Yield (Outside of Centre): 5.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 750.00 € 650.00-1,000.00
Apartment (1 bedroom) Outside of Centre 600.00 € 550.00-700.00
Apartment (3 bedrooms) in City Centre 1,000.00 € 750.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 791.67 € 700.00-900.00
Buy Apartment Price
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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 180.00 € 134.71-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,613.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 3.50-4.15

These data are based on 51 entries in the past 18 months from 9 different contributors.
Last update: March 2025

Sources and References
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