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:	8.69	13.21
Mortgage as Percentage of Income:	60.55%	101.27%
Loan Affordability Index:	1.65	0.99
Price to Rent Ratio - City Centre:	19.10	27.50
Price to Rent Ratio - Outside of Centre:	16.05	27.50
Gross Rental Yield (City Centre):	5.23%	3.64%
Gross Rental Yield (Outside of Centre):	6.23%	3.64%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	925.20 €	479.69 €	-48.2 %
Apartment (1 bedroom) Outside of Centre	716.19 €	390.91 €	-45.4 %
Apartment (3 bedrooms) in City Centre	1,464.21 €	809.32 €	-44.7 %
Apartment (3 bedrooms) Outside of Centre	1,070.33 €	669.10 €	-37.5 %
Buy Apartment Price	Spain Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	338.80 €	259.83 €	-23.3 %
Price per Square Feet to Buy Apartment Outside of Centre	215.23 €	213.12 €	-1.0 %
Salaries And Financing	Spain Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,716.61 €	963.68 €	-43.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	4.62	+31.2 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	827	378

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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