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:	8.11	13.34
Mortgage as Percentage of Income:	56.34%	101.02%
Loan Affordability Index:	1.77	0.99
Price to Rent Ratio - City Centre:	18.04	26.01
Price to Rent Ratio - Outside of Centre:	14.36	26.32
Gross Rental Yield (City Centre):	5.54%	3.84%
Gross Rental Yield (Outside of Centre):	6.96%	3.80%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	963.10 €	489.09 €	-49.2 %
Apartment (1 bedroom) Outside of Centre	728.49 €	395.61 €	-45.7 %
Apartment (3 bedrooms) in City Centre	1,565.01 €	830.76 €	-46.9 %
Apartment (3 bedrooms) Outside of Centre	1,089.23 €	692.27 €	-36.4 %
Buy Apartment Price	Spain Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	336.79 €	251.33 €	-25.4 %
Price per Square Feet to Buy Apartment Outside of Centre	195.87 €	208.39 €	+6.4 %
Salaries And Financing	Spain Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,768.52 €	927.01 €	-47.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.49	4.47	+28.1 %
Last update:	July 2024	July 2024
Contributors in the past 12 months:	923	346

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

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Other comparisons Spain vs Greece:

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