Property Prices Comparison Between Luxembourg and Spain

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

City in Luxembourg:
City in Spain:

Index	Luxembourg	Spain
Price to Income Ratio:	8.09	8.64
Mortgage as Percentage of Income:	54.83%	60.25%
Loan Affordability Index:	1.82	1.66
Price to Rent Ratio - City Centre:	27.89	19.08
Price to Rent Ratio - Outside of Centre:	25.70	15.99
Gross Rental Yield (City Centre):	3.58%	5.24%
Gross Rental Yield (Outside of Centre):	3.89%	6.25%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Luxembourg Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	1,695.12 €	923.95 €	-45.5 %
Apartment (1 bedroom) Outside of Centre	1,430.13 €	715.21 €	-50.0 %
Apartment (3 bedrooms) in City Centre	2,973.69 €	1,459.55 €	-50.9 %
Apartment (3 bedrooms) Outside of Centre	2,342.65 €	1,069.86 €	-54.3 %
Buy Apartment Price	Luxembourg Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	947.49 €	337.72 €	-64.4 %
Price per Square Feet to Buy Apartment Outside of Centre	714.91 €	214.19 €	-70.0 %
Salaries And Financing	Luxembourg Edit	Spain Edit
Average Monthly Net Salary (After Tax)	5,529.41 €	1,718.25 €	-68.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.20	3.52	+9.9 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	91	829

Country data (source The World Bank, 2024)	Luxembourg	Spain
GDP Per Capita (PPP) ($) :	117,700.00	40,200.00
GDP Growth Rate:	1.38	5.77
Population Growth Rate:	1.58	0.12

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