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:	7.30	10.27
Mortgage as Percentage of Income:	45.33%	65.25%
Loan Affordability Index:	2.21	1.53
Price to Rent Ratio - City Centre:	20.35	35.54
Price to Rent Ratio - Outside of Centre:	16.32	34.06
Gross Rental Yield (City Centre):	4.91%	2.81%
Gross Rental Yield (Outside of Centre):	6.13%	2.94%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Germany Edit	Difference
Apartment (1 bedroom) in City Centre	741.90 €	832.92 €	+12.3 %
Apartment (1 bedroom) Outside of Centre	602.54 €	630.97 €	+4.7 %
Apartment (3 bedrooms) in City Centre	1,231.66 €	1,557.99 €	+26.5 %
Apartment (3 bedrooms) Outside of Centre	925.34 €	1,183.90 €	+27.9 %
Buy Apartment Price	Spain Edit	Germany Edit
Price per Square Feet to Buy Apartment in City Centre	295.28 €	610.59 €	+106.8 %
Price per Square Feet to Buy Apartment Outside of Centre	186.20 €	443.93 €	+138.4 %
Salaries And Financing	Spain Edit	Germany Edit
Average Monthly Net Salary (After Tax)	1,774.76 €	2,762.20 €	+55.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.24	2.49	+10.9 %
Last update:	May 2023	May 2023
Contributors in the past 12 months:	955	1007

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

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Other comparisons Spain vs Germany:

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