Property Prices in Palma de Mallorca, Spain
| Index |  |
|---|---|
| Price to Income Ratio: | 11.95 |
| Mortgage as Percentage of Income: | 83.23% |
| Loan Affordability Index: | 1.20 |
| Price to Rent Ratio - City Centre: | 21.51 |
| Price to Rent Ratio - Outside of Centre: | 15.71 |
| Gross Rental Yield (City Centre): | 4.65% |
| Gross Rental Yield (Outside of Centre): | 6.36% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,084.62 € | |
| Apartment (1 bedroom) Outside of Centre | 873.08 € | |
| Apartment (3 bedrooms) in City Centre | 1,705.00 € | |
| Apartment (3 bedrooms) Outside of Centre | 1,404.17 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 445.93 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 264.77 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,600.00 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.51 |
These data are based on 108 entries in the past 18 months from 18 different contributors.
Last update: October 2024
Sources and References
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Nearby cities:| Property Prices in Pollença | 35.92 miles |
| Property Prices in Ibiza | 84.48 miles |
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Joe Bellber