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:	14.55	8.49
Mortgage as Percentage of Income:	114.37%	59.31%
Loan Affordability Index:	0.87	1.69
Price to Rent Ratio - City Centre:	17.58	18.56
Price to Rent Ratio - Outside of Centre:	16.63	15.40
Gross Rental Yield (City Centre):	5.69%	5.39%
Gross Rental Yield (Outside of Centre):	6.01%	6.49%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Portugal Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	928.48 €	960.17 €	+3.4 %
Apartment (1 bedroom) Outside of Centre	737.33 €	726.64 €	-1.5 %
Apartment (3 bedrooms) in City Centre	1,601.36 €	1,506.28 €	-5.9 %
Apartment (3 bedrooms) Outside of Centre	1,217.00 €	1,074.38 €	-11.7 %
Buy Apartment Price	Portugal Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	324.57 €	340.32 €	+4.9 %
Price per Square Feet to Buy Apartment Outside of Centre	239.22 €	208.64 €	-12.8 %
Salaries And Financing	Portugal Edit	Spain Edit
Average Monthly Net Salary (After Tax)	1,042.55 €	1,739.82 €	+66.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.91	3.54	-27.8 %
Last update:	January 2025	January 2025
Contributors in the past 12 months:	389	866

Country data (source The World Bank, 2024)	Portugal	Spain
GDP Per Capita (PPP) ($) :	35,800.00	40,200.00
GDP Growth Rate:	6.83	5.77
Population Growth Rate:	-0.17	0.12

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Other comparisons Portugal vs Spain:

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