Property Prices in Lagos, Portugal

Index
Price to Income Ratio:	19.58
Mortgage as Percentage of Income:	163.21%
Loan Affordability Index:	0.61
Price to Rent Ratio - City Centre:	16.03
Price to Rent Ratio - Outside of Centre:	19.44
Gross Rental Yield (City Centre):	6.24%
Gross Rental Yield (Outside of Centre):	5.14%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,050.00 €	900.00-1,250.00
Apartment (1 bedroom) Outside of Centre	1,000.00 €	700.00-1,400.00
Apartment (3 bedrooms) in City Centre	1,733.33 €	1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre	1,900.00 €	1,000.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	328.50 €	185.80-412.86
Price per Square Feet to Buy Apartment Outside of Centre	403.91 €	371.61-422.05
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,006.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.62	5.43-6.00

These data are based on 31 entries in the past 18 months from 5 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Portimao	14.51 miles
Property Prices in Albufeira	36.74 miles
Property Prices in Sao Bras de Alportel	56.13 miles
Property Prices in Faro	56.31 miles
Property Prices in Algarve	56.59 miles
Property Prices in Tavira	71.94 miles
Property Prices in Evora	155.41 miles
Property Prices in Redondo	163.09 miles
Property Prices in Setubal	167.67 miles
Property Prices in Pinhal Novo	167.69 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%