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:	7.56	9.38
Mortgage as Percentage of Income:	52.43%	68.11%
Loan Affordability Index:	1.91	1.47
Price to Rent Ratio - City Centre:	17.08	28.91
Price to Rent Ratio - Outside of Centre:	14.27	30.46
Gross Rental Yield (City Centre):	5.85%	3.46%
Gross Rental Yield (Outside of Centre):	7.01%	3.28%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Germany Edit	Difference
Apartment (1 bedroom) in City Centre	938.37 €	924.69 €	-1.5 %
Apartment (1 bedroom) Outside of Centre	699.60 €	702.27 €	+0.4 %
Apartment (3 bedrooms) in City Centre	1,508.05 €	1,708.26 €	+13.3 %
Apartment (3 bedrooms) Outside of Centre	1,051.82 €	1,296.61 €	+23.3 %
Buy Apartment Price	Spain Edit	Germany Edit
Price per Square Feet to Buy Apartment in City Centre	309.19 €	548.33 €	+77.3 %
Price per Square Feet to Buy Apartment Outside of Centre	187.29 €	438.54 €	+134.2 %
Salaries And Financing	Spain Edit	Germany Edit
Average Monthly Net Salary (After Tax)	1,767.70 €	2,830.05 €	+60.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.46	3.98	+14.8 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	949	1158

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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