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:	8.47	8.11
Mortgage as Percentage of Income:	53.61%	56.34%
Loan Affordability Index:	1.87	1.77
Price to Rent Ratio - City Centre:	29.21	18.04
Price to Rent Ratio - Outside of Centre:	27.11	14.36
Gross Rental Yield (City Centre):	3.42%	5.54%
Gross Rental Yield (Outside of Centre):	3.69%	6.96%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Luxembourg Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	1,659.57 €	963.10 €	-42.0 %
Apartment (1 bedroom) Outside of Centre	1,345.92 €	728.49 €	-45.9 %
Apartment (3 bedrooms) in City Centre	2,692.59 €	1,565.01 €	-41.9 %
Apartment (3 bedrooms) Outside of Centre	2,152.43 €	1,089.23 €	-49.4 %
Buy Apartment Price	Luxembourg Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	938.89 €	336.79 €	-64.1 %
Price per Square Feet to Buy Apartment Outside of Centre	702.40 €	195.87 €	-72.1 %
Salaries And Financing	Luxembourg Edit	Spain Edit
Average Monthly Net Salary (After Tax)	5,215.45 €	1,768.52 €	-66.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.45	3.49	+42.2 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	81	923

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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