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:	8.39	6.81
Mortgage as Percentage of Income:	58.66%	47.94%
Loan Affordability Index:	1.70	2.09
Price to Rent Ratio - City Centre:	18.31	21.63
Price to Rent Ratio - Outside of Centre:	14.93	20.21
Gross Rental Yield (City Centre):	5.46%	4.62%
Gross Rental Yield (Outside of Centre):	6.70%	4.95%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Belgium Edit	Difference
Apartment (1 bedroom) in City Centre	965.05 €	841.01 €	-12.9 %
Apartment (1 bedroom) Outside of Centre	734.22 €	723.13 €	-1.5 %
Apartment (3 bedrooms) in City Centre	1,535.52 €	1,258.32 €	-18.1 %
Apartment (3 bedrooms) Outside of Centre	1,091.21 €	1,061.02 €	-2.8 %
Buy Apartment Price	Spain Edit	Belgium Edit
Price per Square Feet to Buy Apartment in City Centre	339.54 €	340.70 €	+0.3 %
Price per Square Feet to Buy Apartment Outside of Centre	204.71 €	271.54 €	+32.6 %
Salaries And Financing	Spain Edit	Belgium Edit
Average Monthly Net Salary (After Tax)	1,745.03 €	2,420.37 €	+38.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.55	3.63	+2.5 %
Last update:	November 2024	November 2024
Contributors in the past 12 months:	875	223

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

Moving to Spain? Explore:

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Other comparisons Spain vs Belgium:

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