Madrid vs Torremolinos

Madrid vs Torremolinos — Real Estate Comparison — Spain

Madrid

€0/m²Median Price/m²
8,103Active Listings
VS

Torremolinos

€0/m²Median Price/m²
730Active Listings

Investment & market comparison

MetricMadridTorremolinosWinner
Median sale price€549,316€356,444Torremolinos
Median rent (€/mo)€1,747€1,288Torremolinos
Gross rental yield3.8%4.3%Torremolinos
Affordability (years)11.0 yr10.6 yrTorremolinos
Household income / yr€49,916€33,655Madrid
Population3,506,73071,329Madrid
Population growth (5y)5.2%3.1%Madrid
Price index YoY14.2%12.4%Madrid
Foreign buyer % (MIVAU)8.6%37.8%Torremolinos
Avg sold price (MIVAU)€378,039€372,734Torremolinos
Asking vs sold premium45.3%-4.4%Torremolinos

Data combines Spanish real-estate portals (asking), INE Atlas income, INE Padrón demographics, MIVAU official transactions, INE IPV price index.

Madrid

There are currently 8,103 active listings on the market.

Torremolinos

There are currently 730 active listings on the market.

Listing Price Comparison

MadridTorremolinos
Median Ask Price€549,316€356,444
Active Listings8,103730