Property Prices Comparison Between Spain and Luxembourg

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

City in Spain:
City in Luxembourg:

Index	Spain	Luxembourg
Price to Income Ratio:	8.64	8.09
Mortgage as Percentage of Income:	60.25%	54.83%
Loan Affordability Index:	1.66	1.82
Price to Rent Ratio - City Centre:	19.08	27.89
Price to Rent Ratio - Outside of Centre:	15.99	25.70
Gross Rental Yield (City Centre):	5.24%	3.58%
Gross Rental Yield (Outside of Centre):	6.25%	3.89%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Luxembourg Edit	Difference
Apartment (1 bedroom) in City Centre	923.95 €	1,695.12 €	+83.5 %
Apartment (1 bedroom) Outside of Centre	715.21 €	1,430.13 €	+100.0 %
Apartment (3 bedrooms) in City Centre	1,459.55 €	2,973.69 €	+103.7 %
Apartment (3 bedrooms) Outside of Centre	1,069.86 €	2,342.65 €	+119.0 %
Buy Apartment Price	Spain Edit	Luxembourg Edit
Price per Square Feet to Buy Apartment in City Centre	337.72 €	947.49 €	+180.6 %
Price per Square Feet to Buy Apartment Outside of Centre	214.19 €	714.91 €	+233.8 %
Salaries And Financing	Spain Edit	Luxembourg Edit
Average Monthly Net Salary (After Tax)	1,718.25 €	5,529.41 €	+221.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	3.20	-9.0 %
Last update:	April 2025	April 2025
Contributors in the past 12 months:	829	91

Country data (source The World Bank, 2024)	Spain	Luxembourg
GDP Per Capita (PPP) ($) :	40,200.00	117,700.00
GDP Growth Rate:	5.77	1.38
Population Growth Rate:	0.12	1.58

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