Property Prices Comparison Between Spain and Portugal

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

City in Spain:
City in Portugal:

Index	Spain	Portugal
Price to Income Ratio:	8.70	15.01
Mortgage as Percentage of Income:	60.68%	116.55%
Loan Affordability Index:	1.65	0.86
Price to Rent Ratio - City Centre:	19.03	18.45
Price to Rent Ratio - Outside of Centre:	15.88	17.50
Gross Rental Yield (City Centre):	5.26%	5.42%
Gross Rental Yield (Outside of Centre):	6.30%	5.72%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Portugal Edit	Difference
Apartment (1 bedroom) in City Centre	937.81 €	936.52 €	-0.1 %
Apartment (1 bedroom) Outside of Centre	713.75 €	738.78 €	+3.5 %
Apartment (3 bedrooms) in City Centre	1,469.19 €	1,596.22 €	+8.6 %
Apartment (3 bedrooms) Outside of Centre	1,064.21 €	1,174.88 €	+10.4 %
Buy Apartment Price	Spain Edit	Portugal Edit
Price per Square Feet to Buy Apartment in City Centre	340.57 €	341.81 €	+0.4 %
Price per Square Feet to Buy Apartment Outside of Centre	212.02 €	248.29 €	+17.1 %
Salaries And Financing	Spain Edit	Portugal Edit
Average Monthly Net Salary (After Tax)	1,708.57 €	1,058.03 €	-38.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	4.77	+35.4 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	842	410

Country data (source The World Bank, 2024)	Spain	Portugal
GDP Per Capita (PPP) ($) :	40,200.00	35,800.00
GDP Growth Rate:	5.77	6.83
Population Growth Rate:	0.12	-0.17

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Other comparisons Spain vs Portugal:

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