Property Prices Comparison Between Italy and Spain

For major cities in those countries you get more relevant data by specifying cities.

City in Italy:
City in Spain:

Index	Italy	Spain
Price to Income Ratio:	9.64	8.49
Mortgage as Percentage of Income:	73.45%	59.33%
Loan Affordability Index:	1.36	1.69
Price to Rent Ratio - City Centre:	24.04	18.53
Price to Rent Ratio - Outside of Centre:	20.09	15.25
Gross Rental Yield (City Centre):	4.16%	5.40%
Gross Rental Yield (Outside of Centre):	4.98%	6.56%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Italy Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	741.60 €	963.08 €	+29.9 %
Apartment (1 bedroom) Outside of Centre	569.02 €	732.78 €	+28.8 %
Apartment (3 bedrooms) in City Centre	1,322.87 €	1,515.69 €	+14.6 %
Apartment (3 bedrooms) Outside of Centre	948.74 €	1,076.32 €	+13.4 %
Buy Apartment Price	Italy Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	359.84 €	341.36 €	-5.1 %
Price per Square Feet to Buy Apartment Outside of Centre	224.03 €	207.70 €	-7.3 %
Salaries And Financing	Italy Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,630.15 €	1,739.76 €	+6.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.54	3.54	-22.0 %
Last update:	December 2024	December 2024
Contributors in the past 12 months:	1145	860

Country data (source The World Bank, 2024)	Italy	Spain
GDP Per Capita (PPP) ($) :	44,300.00	40,200.00
GDP Growth Rate:	3.72	5.77
Population Growth Rate:	-0.11	0.12

Moving to Italy? Explore:

Moving to Spain? Explore:

Other comparisons Italy vs Spain:

About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy