Property Prices Comparison Between Spain and Greece

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

City in Spain:
City in Greece:

Index	Spain	Greece
Price to Income Ratio:	7.49	13.33
Mortgage as Percentage of Income:	51.99%	100.88%
Loan Affordability Index:	1.92	0.99
Price to Rent Ratio - City Centre:	16.80	25.27
Price to Rent Ratio - Outside of Centre:	14.20	25.51
Gross Rental Yield (City Centre):	5.95%	3.96%
Gross Rental Yield (Outside of Centre):	7.04%	3.92%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	936.78 €	501.44 €	-46.5 %
Apartment (1 bedroom) Outside of Centre	700.92 €	401.37 €	-42.7 %
Apartment (3 bedrooms) in City Centre	1,509.16 €	832.68 €	-44.8 %
Apartment (3 bedrooms) Outside of Centre	1,053.33 €	697.46 €	-33.8 %
Buy Apartment Price	Spain Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	304.01 €	247.94 €	-18.4 %
Price per Square Feet to Buy Apartment Outside of Centre	186.74 €	204.29 €	+9.4 %
Salaries And Financing	Spain Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,762.60 €	913.14 €	-48.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.47	4.47	+28.8 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	935	352

Country data (source The World Bank, 2024)	Spain	Greece
GDP Per Capita (PPP) ($) :	40,200.00	31,700.00
GDP Growth Rate:	5.77	5.56
Population Growth Rate:	0.12	-0.35

Moving to Spain? Explore:

Moving to Greece? Explore:

Other comparisons Spain vs Greece:

About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy