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Córdoba province · report

Affordability in Córdoba province

At the average appraised value, a 90 m² home costs €117,639. With 10% down and a 30-year mortgage, the payment is €449 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
16%
Payment, one income
31%

Try your own numbers

Starting from the average appraised value of €1,307/m² in Córdoba province, a median income of €17,150 a year per consumption unit (2024, Córdoba province) and a mortgage rate of 3.0% (August 2026).

Assumptions
90
INE's median is per consumption unit: one income is a single adult's, and a couple counts as 1.5 units, so two incomes is generous for a couple.
3

The payment takes 16% of income. Spain sets no limit on it.

Home price
€117,639
Monthly payment
€446
Share of net income
16%

The mortgage payment as a share of income, year by year

A 90 m² home with 10% down over 30 years, at each year's average price and rate, against one and against two of that year's median incomes.

  • Two median incomes
  • One median income
Show the numbers
PeriodTwo median incomesOne median income
202414.2%28.5%
202316.0%32.0%
202213.3%26.6%
202112.7%25.5%
202015.1%30.2%
201915.8%31.6%
201816.7%33.4%
201716.5%33.0%
201617.8%35.6%
201520.1%40.2%

Spain against the EU

Share of people spending over 40% of their disposable income on housing, then the rest of Eurostat's survey of living conditions. These are national figures, shown here as context.

  • Spain
  • EU
Show the numbers
YearSpainEU
20257.2%7.7%
20247.8%8.2%
20238.2%8.8%
20229.2%8.7%
20219.9%8.7%
20208.2%7.8%
20198.5%9.4%
20188.9%9.6%
20179.8%10.1%
201610.2%10.9%
201510.3%11.2%
201410.9%11.5%
201310.3%11.6%
201210.7%11.5%
201110.0%10.6%
20109.7%10.0%
Share of people whoSpainEU
Spend over 40% of income on housing6.3%7.7%
… nationals (adults)4.4%7.1%
… citizens of another EU country (adults)17.1%15.2%
… non-EU citizens (adults)38.0%18.1%
Live in an overcrowded home12.7%16.8%
Own their home outright39.7%43.7%
Own with a mortgage31.5%24.8%
Rent at market price16.3%20.8%
Rent at a reduced price or free12.5%10.7%

Income is INE's median income per consumption unit, from tax records: a household's net income divided by its consumption units, so one income is a single adult's. Spain sets no limit on the payment as a share of income: the Banco de España has the power to set one and has not used it, and the law requires lenders to assess solvency instead.

Other reports for Córdoba province

26.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,971
Per 1,000 residents
2.6

Buyers living abroad bought 1.1% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.1%

Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q3 2007.

Deepest fall
−29.8%
Recovery from the low
Not yet

In 2024 the population fell by 704 while 1,486 homes were finished.

Homes finished, 2024
1,486
Population change, 2024
−704

12.8% of the 414,025 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.8%
Empty homes
52,951

Public bodies signed €7.7M of housing works here in 2023, and €16M since 2017.

Signed in 2023
€7.7M
Per resident, 2023
€10