Property Prices in Madrid, Spain

Index Info
Price to Income Ratio: 11.05
Mortgage as Percentage of Income: 77.50%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 21.15
Price to Rent Ratio - Outside of Centre: 18.15
Gross Rental Yield (City Centre): 4.73%
Gross Rental Yield (Outside of Centre): 5.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,368.75 € 1,030.00-1,800.00
Apartment (1 bedroom) Outside of Centre 991.70 € 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,276.94 € 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,572.34 € 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 566.88 € 436.64-748.51
Price per Square Feet to Buy Apartment Outside of Centre 345.29 € 260.13-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,221.46 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 2.60-4.50

These data are based on 529 entries in the past 18 months from 98 different contributors.
Last update: November 2024

Sources and References
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