Property Prices Comparison Between Greece and Spain

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

City in Greece:
City in Spain:

Index	Greece	Spain
Price to Income Ratio:	13.20	8.71
Mortgage as Percentage of Income:	101.17%	60.71%
Loan Affordability Index:	0.99	1.65
Price to Rent Ratio - City Centre:	27.15	19.30
Price to Rent Ratio - Outside of Centre:	28.00	15.78
Gross Rental Yield (City Centre):	3.68%	5.18%
Gross Rental Yield (Outside of Centre):	3.57%	6.34%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Greece Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	475.78 €	918.57 €	+93.1 %
Apartment (1 bedroom) Outside of Centre	389.91 €	720.47 €	+84.8 %
Apartment (3 bedrooms) in City Centre	806.66 €	1,465.63 €	+81.7 %
Apartment (3 bedrooms) Outside of Centre	662.37 €	1,075.20 €	+62.3 %
Buy Apartment Price	Greece Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	255.00 €	340.89 €	+33.7 %
Price per Square Feet to Buy Apartment Outside of Centre	215.73 €	212.78 €	-1.4 %
Salaries And Financing	Greece Edit	Spain Edit
Average Monthly Net Salary (After Tax)	959.82 €	1,710.37 €	+78.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.61	3.52	-23.8 %
Last update:	24 May 2025	24 May 2025
Contributors in the past 12 months:	382	812

Country data (source The World Bank, 2024)	Greece	Spain
GDP Per Capita (PPP) ($) :	36,900.00	47,100.00
GDP Growth Rate:	2.33	2.68
Population Growth Rate:	-0.35	0.12

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