Property Prices Comparison Between Portugal and Spain

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

City in Portugal:
City in Spain:

Index	Portugal	Spain
Price to Income Ratio:	12.29	7.30
Mortgage as Percentage of Income:	76.67%	45.33%
Loan Affordability Index:	1.30	2.21
Price to Rent Ratio - City Centre:	17.87	20.35
Price to Rent Ratio - Outside of Centre:	16.03	16.32
Gross Rental Yield (City Centre):	5.60%	4.91%
Gross Rental Yield (Outside of Centre):	6.24%	6.13%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Portugal Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	777.87 €	741.90 €	-4.6 %
Apartment (1 bedroom) Outside of Centre	590.35 €	602.54 €	+2.1 %
Apartment (3 bedrooms) in City Centre	1,311.86 €	1,231.66 €	-6.1 %
Apartment (3 bedrooms) Outside of Centre	968.16 €	925.34 €	-4.4 %
Buy Apartment Price	Portugal Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	273.69 €	295.28 €	+7.9 %
Price per Square Feet to Buy Apartment Outside of Centre	184.09 €	186.20 €	+1.1 %
Salaries And Financing	Portugal Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,001.98 €	1,774.76 €	+77.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.29	2.24	-2.0 %
Last update:	May 2023	May 2023
Contributors in the past 12 months:	452	955

Country data (source The World Bank, 2019)	Portugal	Spain
GDP Per Capita (PPP) ($) :	34,894.00	40,903.00
GDP Growth Rate:	2.24	1.95
Population Growth Rate:	-0.23	-0.03

Moving to Portugal? Explore:

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Other comparisons Portugal vs Spain:

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