Property Prices Comparison Between Luxembourg and Spain

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

City in Luxembourg:
City in Spain:

Index	Luxembourg	Spain
Price to Income Ratio:	8.08	8.52
Mortgage as Percentage of Income:	54.69%	59.51%
Loan Affordability Index:	1.83	1.68
Price to Rent Ratio - City Centre:	28.05	18.66
Price to Rent Ratio - Outside of Centre:	24.75	15.40
Gross Rental Yield (City Centre):	3.57%	5.36%
Gross Rental Yield (Outside of Centre):	4.04%	6.49%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Luxembourg Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	1,678.41 €	960.17 €	-42.8 %
Apartment (1 bedroom) Outside of Centre	1,444.15 €	726.64 €	-49.7 %
Apartment (3 bedrooms) in City Centre	2,952.64 €	1,506.55 €	-49.0 %
Apartment (3 bedrooms) Outside of Centre	2,314.71 €	1,074.38 €	-53.6 %
Buy Apartment Price	Luxembourg Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	944.49 €	342.20 €	-63.8 %
Price per Square Feet to Buy Apartment Outside of Centre	688.80 €	208.64 €	-69.7 %
Salaries And Financing	Luxembourg Edit	Spain Edit
Average Monthly Net Salary (After Tax)	5,439.81 €	1,739.86 €	-68.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.19	3.54	+11.1 %
Last update:	January 2025	January 2025
Contributors in the past 12 months:	98	868

Country data (source The World Bank, 2024)	Luxembourg	Spain
GDP Per Capita (PPP) ($) :	117,700.00	40,200.00
GDP Growth Rate:	1.38	5.77
Population Growth Rate:	1.58	0.12

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