Property Prices Comparison Between Spain and Germany

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

City in Spain:
City in Germany:

Index	Spain	Germany
Price to Income Ratio:	8.11	7.72
Mortgage as Percentage of Income:	56.34%	54.17%
Loan Affordability Index:	1.77	1.85
Price to Rent Ratio - City Centre:	18.04	28.04
Price to Rent Ratio - Outside of Centre:	14.36	29.35
Gross Rental Yield (City Centre):	5.54%	3.57%
Gross Rental Yield (Outside of Centre):	6.96%	3.41%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Germany Edit	Difference
Apartment (1 bedroom) in City Centre	963.10 €	911.93 €	-5.3 %
Apartment (1 bedroom) Outside of Centre	728.49 €	694.47 €	-4.7 %
Apartment (3 bedrooms) in City Centre	1,565.01 €	1,668.01 €	+6.6 %
Apartment (3 bedrooms) Outside of Centre	1,089.23 €	1,282.79 €	+17.8 %
Buy Apartment Price	Spain Edit	Germany Edit
Price per Square Feet to Buy Apartment in City Centre	336.79 €	522.14 €	+55.0 %
Price per Square Feet to Buy Apartment Outside of Centre	195.87 €	418.02 €	+113.4 %
Salaries And Financing	Spain Edit	Germany Edit
Average Monthly Net Salary (After Tax)	1,768.52 €	3,277.38 €	+85.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.49	3.59	+3.0 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	923	1436

Country data (source The World Bank, 2024)	Spain	Germany
GDP Per Capita (PPP) ($) :	40,200.00	54,000.00
GDP Growth Rate:	5.77	1.81
Population Growth Rate:	0.12	-0.12

Moving to Spain? Explore:

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Other comparisons Spain vs Germany:

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