Some landlords will ask you to show an employment contract that proves you earn a monthly salary equivalent to 3 times the rent, so your annual income would be 36 times what your monthly rent is.
The general advice is 1/3 of salary, and some countries in Europe have it as a rule (I do not think it is a law, but it might be somewhere, and banks may consider it for mortgages; some follow other ratios).
I've seen several times that if you're under 1/3 you're Ok. But is hard to do that in a city like Madrid
Some landlords will ask you to show an employment contract that proves you earn a monthly salary equivalent to 3 times the rent, so your annual income would be 36 times what your monthly rent is.
In my experience they asked me for the rent being 40% or lower than salary
The general advice is 1/3 of salary, and some countries in Europe have it as a rule (I do not think it is a law, but it might be somewhere, and banks may consider it for mortgages; some follow other ratios).
0 euros, be a okupa
Rent insurance use to ask for tenant with no more than a 40% rent to net monthly salary relation. So something around this may be recommended.
30% of your salary is what I’ve always heard
The usual rule is spending 1/3 your income, though unless you have a good job that might be tricky to pull off.
I’m looking at 43k euro/year would you say that 30% is doable with that?
25% and save at least 10%.