Property Prices Comparison Between Spain and Belgium

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

City in Spain:
City in Belgium:

Index	Spain	Belgium
Price to Income Ratio:	8.62	6.66
Mortgage as Percentage of Income:	60.08%	46.89%
Loan Affordability Index:	1.66	2.13
Price to Rent Ratio - City Centre:	19.10	21.35
Price to Rent Ratio - Outside of Centre:	15.81	19.83
Gross Rental Yield (City Centre):	5.23%	4.68%
Gross Rental Yield (Outside of Centre):	6.33%	5.04%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Belgium Edit	Difference
Apartment (1 bedroom) in City Centre	923.28 €	843.92 €	-8.6 %
Apartment (1 bedroom) Outside of Centre	713.76 €	735.29 €	+3.0 %
Apartment (3 bedrooms) in City Centre	1,452.70 €	1,307.51 €	-10.0 %
Apartment (3 bedrooms) Outside of Centre	1,064.72 €	1,102.44 €	+3.5 %
Buy Apartment Price	Spain Edit	Belgium Edit
Price per Square Feet to Buy Apartment in City Centre	337.27 €	342.31 €	+1.5 %
Price per Square Feet to Buy Apartment Outside of Centre	211.10 €	273.37 €	+29.5 %
Salaries And Financing	Spain Edit	Belgium Edit
Average Monthly Net Salary (After Tax)	1,712.37 €	2,488.41 €	+45.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	3.63	+3.2 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	815	216

Country data (source The World Bank, 2024)	Spain	Belgium
GDP Per Capita (PPP) ($) :	40,200.00	53,300.00
GDP Growth Rate:	5.77	3.01
Population Growth Rate:	0.12	0.55

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