Property Prices Comparison Between Spain and Italy

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

City in Spain:
City in Italy:

Index	Spain	Italy
Price to Income Ratio:	8.70	9.47
Mortgage as Percentage of Income:	60.66%	71.61%
Loan Affordability Index:	1.65	1.40
Price to Rent Ratio - City Centre:	19.03	23.27
Price to Rent Ratio - Outside of Centre:	15.88	19.77
Gross Rental Yield (City Centre):	5.26%	4.30%
Gross Rental Yield (Outside of Centre):	6.30%	5.06%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Italy Edit	Difference
Apartment (1 bedroom) in City Centre	937.81 €	746.09 €	-20.4 %
Apartment (1 bedroom) Outside of Centre	713.75 €	567.62 €	-20.5 %
Apartment (3 bedrooms) in City Centre	1,469.19 €	1,311.12 €	-10.8 %
Apartment (3 bedrooms) Outside of Centre	1,064.21 €	940.96 €	-11.6 %
Buy Apartment Price	Spain Edit	Italy Edit
Price per Square Feet to Buy Apartment in City Centre	340.57 €	348.11 €	+2.2 %
Price per Square Feet to Buy Apartment Outside of Centre	212.02 €	219.33 €	+3.5 %
Salaries And Financing	Spain Edit	Italy Edit
Average Monthly Net Salary (After Tax)	1,709.13 €	1,613.04 €	-5.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	4.46	+26.6 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	841	1131

Country data (source The World Bank, 2024)	Spain	Italy
GDP Per Capita (PPP) ($) :	40,200.00	44,300.00
GDP Growth Rate:	5.77	3.72
Population Growth Rate:	0.12	-0.11

Moving to Spain? Explore:

Moving to Italy? Explore:

Other comparisons Spain vs Italy:

About In the News Newsletter API

Copyright © 2009-2025 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy