Property Prices Comparison Between Italy and Greece

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

City in Italy:
City in Greece:

Index	Italy	Greece
Price to Income Ratio:	9.32	13.18
Mortgage as Percentage of Income:	70.25%	101.04%
Loan Affordability Index:	1.42	0.99
Price to Rent Ratio - City Centre:	22.92	27.19
Price to Rent Ratio - Outside of Centre:	19.41	27.92
Gross Rental Yield (City Centre):	4.36%	3.68%
Gross Rental Yield (Outside of Centre):	5.15%	3.58%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Italy Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	743.85 €	474.33 €	-36.2 %
Apartment (1 bedroom) Outside of Centre	572.08 €	389.59 €	-31.9 %
Apartment (3 bedrooms) in City Centre	1,313.51 €	806.37 €	-38.6 %
Apartment (3 bedrooms) Outside of Centre	946.96 €	663.51 €	-29.9 %
Buy Apartment Price	Italy Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	342.67 €	254.88 €	-25.6 %
Price per Square Feet to Buy Apartment Outside of Centre	216.94 €	215.11 €	-0.8 %
Salaries And Financing	Italy Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,616.52 €	959.54 €	-40.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.42	4.61	+4.4 %
Last update:	28 May 2025	28 May 2025
Contributors in the past 12 months:	1104	385

Country data (source The World Bank, 2024)	Italy	Greece
GDP Per Capita (PPP) ($) :	53,300.00	36,900.00
GDP Growth Rate:	0.70	2.33
Population Growth Rate:	-0.08	-0.35

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