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:	9.47	8.72
Mortgage as Percentage of Income:	71.64%	60.79%
Loan Affordability Index:	1.40	1.65
Price to Rent Ratio - City Centre:	23.26	19.04
Price to Rent Ratio - Outside of Centre:	19.76	15.90
Gross Rental Yield (City Centre):	4.30%	5.25%
Gross Rental Yield (Outside of Centre):	5.06%	6.29%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Italy Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	746.19 €	938.02 €	+25.7 %
Apartment (1 bedroom) Outside of Centre	567.49 €	714.51 €	+25.9 %
Apartment (3 bedrooms) in City Centre	1,312.16 €	1,471.56 €	+12.1 %
Apartment (3 bedrooms) Outside of Centre	941.52 €	1,065.87 €	+13.2 %
Buy Apartment Price	Italy Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	348.11 €	341.05 €	-2.0 %
Price per Square Feet to Buy Apartment Outside of Centre	219.33 €	212.52 €	-3.1 %
Salaries And Financing	Italy Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,612.32 €	1,708.57 €	+6.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.46	3.52	-21.0 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	1132	842

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

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Other comparisons Italy vs Spain:

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