Property Prices in Madrid, Spain

Index Info
Price to Income Ratio: 11.48
Mortgage as Percentage of Income: 80.29%
Loan Affordability Index: 1.25
Price to Rent Ratio - City Centre: 21.57
Price to Rent Ratio - Outside of Centre: 18.45
Gross Rental Yield (City Centre): 4.64%
Gross Rental Yield (Outside of Centre): 5.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,383.90 € 1,050.00-1,800.00
Apartment (1 bedroom) Outside of Centre 987.17 € 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,295.11 € 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,573.91 € 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 583.68 € 464.51-748.51
Price per Square Feet to Buy Apartment Outside of Centre 350.22 € 269.42-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,188.60 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 2.53-4.50

These data are based on 519 entries in the past 18 months from 95 different contributors.
Last update: December 2024

Sources and References
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