Property Prices Comparison Between Andorra and Italy

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

City in Andorra:
City in Italy:

Index	Andorra	Italy
Price to Income Ratio:	8.92	10.33
Mortgage as Percentage of Income:	59.41%	80.24%
Loan Affordability Index:	1.68	1.25
Price to Rent Ratio - City Centre:	22.26	24.30
Price to Rent Ratio - Outside of Centre:	21.68	20.56
Gross Rental Yield (City Centre):	4.49%	4.12%
Gross Rental Yield (Outside of Centre):	4.61%	4.86%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Andorra Edit	Italy Edit	Difference
Apartment (1 bedroom) in City Centre	962.50 €	762.43 €	-20.8 %
Apartment (1 bedroom) Outside of Centre	795.83 €	572.16 €	-28.1 %
Apartment (3 bedrooms) in City Centre	1,712.50 €	1,370.69 €	-20.0 %
Apartment (3 bedrooms) Outside of Centre	1,533.33 €	967.25 €	-36.9 %
Buy Apartment Price	Andorra Edit	Italy Edit
Price per Square Feet to Buy Apartment in City Centre	432.00 €	375.32 €	-13.1 %
Price per Square Feet to Buy Apartment Outside of Centre	360.77 €	231.95 €	-35.7 %
Salaries And Financing	Andorra Edit	Italy Edit
Average Monthly Net Salary (After Tax)	2,390.46 €	1,582.54 €	-33.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.00	4.77	+59.0 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	29	1149

Country data (source The World Bank, 2024)	Andorra	Italy
GDP Per Capita (PPP) ($) :	49,900.00	44,300.00
GDP Growth Rate:	8.81	3.72
Population Growth Rate:	-0.11	-0.11

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