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:	8.71	13.19
Mortgage as Percentage of Income:	60.71%	101.14%
Loan Affordability Index:	1.65	0.99
Price to Rent Ratio - City Centre:	19.30	27.12
Price to Rent Ratio - Outside of Centre:	15.78	27.97
Gross Rental Yield (City Centre):	5.18%	3.69%
Gross Rental Yield (Outside of Centre):	6.34%	3.58%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Greece Edit	Difference
Apartment (1 bedroom) in City Centre	918.57 €	476.40 €	-48.1 %
Apartment (1 bedroom) Outside of Centre	720.47 €	390.41 €	-45.8 %
Apartment (3 bedrooms) in City Centre	1,465.63 €	807.39 €	-44.9 %
Apartment (3 bedrooms) Outside of Centre	1,075.20 €	663.15 €	-38.3 %
Buy Apartment Price	Spain Edit	Greece Edit
Price per Square Feet to Buy Apartment in City Centre	340.89 €	255.00 €	-25.2 %
Price per Square Feet to Buy Apartment Outside of Centre	212.78 €	215.73 €	+1.4 %
Salaries And Financing	Spain Edit	Greece Edit
Average Monthly Net Salary (After Tax)	1,710.37 €	960.06 €	-43.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.52	4.61	+31.2 %
Last update:	23 May 2025	23 May 2025
Contributors in the past 12 months:	812	381

Country data (source The World Bank, 2024)	Spain	Greece
GDP Per Capita (PPP) ($) :	47,100.00	36,900.00
GDP Growth Rate:	2.68	2.33
Population Growth Rate:	0.12	-0.35

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