Property Prices Comparison Between Germany and Spain

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

City in Germany:
City in Spain:

Index	Germany	Spain
Price to Income Ratio:	9.35	7.56
Mortgage as Percentage of Income:	67.87%	52.44%
Loan Affordability Index:	1.47	1.91
Price to Rent Ratio - City Centre:	28.88	17.03
Price to Rent Ratio - Outside of Centre:	30.34	14.23
Gross Rental Yield (City Centre):	3.46%	5.87%
Gross Rental Yield (Outside of Centre):	3.30%	7.03%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Germany Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	924.15 €	940.56 €	+1.8 %
Apartment (1 bedroom) Outside of Centre	702.27 €	701.20 €	-0.2 %
Apartment (3 bedrooms) in City Centre	1,708.26 €	1,513.75 €	-11.4 %
Apartment (3 bedrooms) Outside of Centre	1,296.61 €	1,054.45 €	-18.7 %
Buy Apartment Price	Germany Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	547.62 €	309.19 €	-43.5 %
Price per Square Feet to Buy Apartment Outside of Centre	436.89 €	187.29 €	-57.1 %
Salaries And Financing	Germany Edit	Spain Edit
Average Monthly Net Salary (After Tax)	2,833.23 €	1,767.70 €	-37.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.98	3.47	-12.9 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	1161	949

Country data (source The World Bank, 2024)	Germany	Spain
GDP Per Capita (PPP) ($) :	54,000.00	40,200.00
GDP Growth Rate:	1.81	5.77
Population Growth Rate:	-0.12	0.12

Moving to Germany? Explore:

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Other comparisons Germany vs Spain:

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