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:	9.21	13.16
Mortgage as Percentage of Income:	69.43%	100.87%
Loan Affordability Index:	1.44	0.99
Price to Rent Ratio - City Centre:	22.97	27.77
Price to Rent Ratio - Outside of Centre:	19.09	28.53
Gross Rental Yield (City Centre):	4.35%	3.60%
Gross Rental Yield (Outside of Centre):	5.24%	3.50%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Italy Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	740.00 €	464.10 €	-37.3 %
Apartment (1 bedroom) Outside of Centre	571.51 €	377.27 €	-34.0 %
Apartment (3 bedrooms) in City Centre	1,296.12 €	778.16 €	-40.0 %
Apartment (3 bedrooms) Outside of Centre	944.53 €	637.98 €	-32.5 %
Buy Apartment Price	Italy Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	340.40 €	253.18 €	-25.6 %
Price per Square Feet to Buy Apartment Outside of Centre	213.02 €	212.23 €	-0.4 %
Salaries And Financing	Italy Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,616.36 €	951.45 €	-41.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.41	4.61	+4.4 %
Last update:	16 June 2025	16 June 2025
Contributors in the past 12 months:	1081	353

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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