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:	8.39	9.67
Mortgage as Percentage of Income:	58.67%	73.83%
Loan Affordability Index:	1.70	1.35
Price to Rent Ratio - City Centre:	18.31	23.67
Price to Rent Ratio - Outside of Centre:	14.93	20.03
Gross Rental Yield (City Centre):	5.46%	4.22%
Gross Rental Yield (Outside of Centre):	6.70%	4.99%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Italy Edit	Difference
Apartment (1 bedroom) in City Centre	965.45 €	750.01 €	-22.3 %
Apartment (1 bedroom) Outside of Centre	734.85 €	570.23 €	-22.4 %
Apartment (3 bedrooms) in City Centre	1,536.34 €	1,339.04 €	-12.8 %
Apartment (3 bedrooms) Outside of Centre	1,089.78 €	953.33 €	-12.5 %
Buy Apartment Price	Spain Edit	Italy Edit
Price per Square Feet to Buy Apartment in City Centre	339.54 €	358.56 €	+5.6 %
Price per Square Feet to Buy Apartment Outside of Centre	204.71 €	224.12 €	+9.5 %
Salaries And Financing	Spain Edit	Italy Edit
Average Monthly Net Salary (After Tax)	1,744.60 €	1,622.21 €	-7.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.55	4.57	+28.9 %
Last update:	November 2024	November 2024
Contributors in the past 12 months:	876	1145

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

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Other comparisons Spain vs Italy:

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