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:	7.10	10.01
Mortgage as Percentage of Income:	47.42%	70.40%
Loan Affordability Index:	2.11	1.42
Price to Rent Ratio - City Centre:	19.51	35.41
Price to Rent Ratio - Outside of Centre:	15.70	33.70
Gross Rental Yield (City Centre):	5.12%	2.82%
Gross Rental Yield (Outside of Centre):	6.37%	2.97%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Germany Edit	Difference
Apartment (1 bedroom) in City Centre	760.68 €	825.41 €	+8.5 %
Apartment (1 bedroom) Outside of Centre	617.57 €	621.46 €	+0.6 %
Apartment (3 bedrooms) in City Centre	1,246.86 €	1,517.90 €	+21.7 %
Apartment (3 bedrooms) Outside of Centre	938.70 €	1,165.24 €	+24.1 %
Buy Apartment Price	Spain Edit	Germany Edit
Price per Square Feet to Buy Apartment in City Centre	288.75 €	598.20 €	+107.2 %
Price per Square Feet to Buy Apartment Outside of Centre	182.80 €	432.48 €	+136.6 %
Salaries And Financing	Spain Edit	Germany Edit
Average Monthly Net Salary (After Tax)	1,786.53 €	2,770.86 €	+55.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.03	3.62	+19.3 %
Last update:	November 2023	November 2023
Contributors in the past 12 months:	1012	1080

Country data (source The World Bank, 2019)	Spain	Germany
GDP Per Capita (PPP) ($) :	40,903.00	53,919.00
GDP Growth Rate:	1.95	0.59
Population Growth Rate:	-0.03	-0.21

Moving to Spain? Explore:

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Other comparisons Spain vs Germany:

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