Property Prices in Murcia, Spain

Index Info
Price to Income Ratio: 8.51
Mortgage as Percentage of Income: 59.86%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 19.60
Price to Rent Ratio - Outside of Centre: 18.20
Gross Rental Yield (City Centre): 5.10%
Gross Rental Yield (Outside of Centre): 5.49%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 635.71 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 478.57 € 400.00-550.00
Apartment (3 bedrooms) in City Centre 1,071.43 € 1,000.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 768.75 € 650.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 245.26 € 185.80-929.02
Price per Square Feet to Buy Apartment Outside of Centre 168.03 € 120.77-260.13
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,307.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 3.50-4.00

These data are based on 73 entries in the past 18 months from 11 different contributors.
Last update: November 2024

Sources and References
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