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:	14.03	8.48
Mortgage as Percentage of Income:	103.22%	58.35%
Loan Affordability Index:	0.97	1.71
Price to Rent Ratio - City Centre:	18.81	20.72
Price to Rent Ratio - Outside of Centre:	17.46	16.35
Gross Rental Yield (City Centre):	5.32%	4.83%
Gross Rental Yield (Outside of Centre):	5.73%	6.11%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Portugal Edit	Spain Edit	Difference
1 Bedroom Apartment in City Centre	902.16 €	879.96 €	-2.5 %
1 Bedroom Apartment Outside of City Centre	721.18 €	698.11 €	-3.2 %
3 Bedroom Apartment in City Centre	1,568.47 €	1,399.40 €	-10.8 %
3 Bedroom Apartment Outside of City Centre	1,172.30 €	1,047.19 €	-10.7 %
Buy Apartment Price	Portugal Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	338.76 €	350.23 €	+3.4 %
Price per Square Feet to Buy Apartment Outside of Centre	244.11 €	214.05 €	-12.3 %
Salaries And Financing	Portugal Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,117.69 €	1,790.55 €	+60.2 %
Annual Mortgage Interest Rate (20-Year Fixed, in %)	4.13	3.37	-18.4 %
Last update:	11 December 2025	11 December 2025
Contributors in the past 12 months:	361	865

Country data (source The World Bank, 2024)	Portugal	Spain
GDP Per Capita (PPP) ($) :	41,800.00	47,100.00
GDP Growth Rate:	2.53	2.68
Population Growth Rate:	-0.14	0.12

Moving to Portugal? Explore:

Moving to Spain? Explore:

Other comparisons Portugal vs Spain:

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