Property Prices Comparison Between Spain and Greece

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

City in Spain:
City in Greece:

Index	Spain	Greece
Price to Income Ratio:	8.49	13.02
Mortgage as Percentage of Income:	59.28%	99.43%
Loan Affordability Index:	1.69	1.01
Price to Rent Ratio - City Centre:	18.60	26.20
Price to Rent Ratio - Outside of Centre:	15.17	26.41
Gross Rental Yield (City Centre):	5.38%	3.82%
Gross Rental Yield (Outside of Centre):	6.59%	3.79%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	964.08 €	491.90 €	-49.0 %
Apartment (1 bedroom) Outside of Centre	730.66 €	398.96 €	-45.4 %
Apartment (3 bedrooms) in City Centre	1,518.39 €	834.93 €	-45.0 %
Apartment (3 bedrooms) Outside of Centre	1,077.31 €	702.47 €	-34.8 %
Buy Apartment Price	Spain Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	342.96 €	254.57 €	-25.8 %
Price per Square Feet to Buy Apartment Outside of Centre	206.35 €	211.45 €	+2.5 %
Salaries And Financing	Spain Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,741.80 €	962.83 €	-44.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.54	4.56	+28.9 %
Last update:	December 2024	December 2024
Contributors in the past 12 months:	854	383

Country data (source The World Bank, 2024)	Spain	Greece
GDP Per Capita (PPP) ($) :	40,200.00	31,700.00
GDP Growth Rate:	5.77	5.56
Population Growth Rate:	0.12	-0.35

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Other comparisons Spain vs Greece:

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