Granada, a city where Moorish history whispers from every cobblestone, offers a lifestyle that's both enchanting and surprisingly accessible. Imagine strolling the Albaicín's narrow lanes, the scent of jasmine heavy in the air, or sipping coffee in a sun-drenched plaza, all while knowing your cost of living is significantly lower than in many other European cities. The median home value here is a remarkably affordable 160,000 €, well below the Spanish national average, and monthly rents average just 600 €. The air quality is excellent, with an AQI of 25, and the city's overall quietness is a welcome contrast to the hustle of larger metropolises. With a population of over 230,000, Granada offers a vibrant community feel, where the pace of life encourages you to savor each moment, from the free tapas with every drink to the breathtaking views of the Sierra Nevada mountains.
From an investment perspective, Granada presents a compelling case, particularly for those seeking a blend of cultural richness and practicality. While the median household income of 20,676 € is lower than the national average, the lower cost of living makes this a viable option for many. The unemployment rate hovers at 12.2%, and the poverty rate is 20.2%, which is about the same as the national average, providing opportunities for savvy investors. Property crime is relatively low at 7.4 per 1,000 residents, and violent crime is even lower at 1.7 per 1,000. Granada is ideal for those seeking a slower pace of life, a strong sense of community, and a city where history and modernity blend seamlessly. Whether you're a retiree, a remote worker, or someone seeking a unique investment opportunity, Granada's charm and affordability make it a destination worth considering.
Granada, Spain at a Glance
Granada is a city in Spain with a population of approximately 232,462. The median home value is 160.000 € and the median household income is 20.676 €.. The violent crime rate is 1.7 per 1,000 residents. Air quality is rated Good. Median rent is 600 € per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
160.000 €
Median Income
20.676 €
Population
232,462
Walk Score
N/A
Air Quality
AQI 25
Good
Climate Risk
N/A
Good
- Population
- 232,462
- Median Age
- N/A
- Median Household Income
- 20.676 €
31% below ES avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.2%
Near ES avg
- Median Home Value
- 160.000 €
6% below ES avg
- Median Rent
- 600 €
8% below ES avg
- Homeownership Rate
- N/A
- Violent Crime Rate
- 1.7 per 1K
32% below ES avg
- Property Crime Rate
- 7.4 per 1K
54% below ES avg
- AQI
- 25
34% below ES avg
- Category
- Good
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- Quiet
- Road Traffic
- 40 dBA
23% below ES avg
- Aviation
- 22 dBA
27% below ES avg
- Rail
- 22 dBA
27% below ES avg
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 12.2%
3% above ES avg
- Poverty Rate
- 20.2%
Near ES avg