Property Prices Comparison Between Spain and Italy

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

City in Spain:
City in Italy:

Index	Spain	Italy
Price to Income Ratio:	8.4	9.41
Mortgage as Percentage of Income:	58.78%	72.33%
Loan Affordability Index:	1.7	1.38
Price to Rent Ratio - City Centre:	18.48	22.92
Price to Rent Ratio - Outside of Centre:	14.97	19.74
Gross Rental Yield (City Centre):	5.41%	4.36%
Gross Rental Yield (Outside of Centre):	6.68%	5.07%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Italy Edit	Difference
Apartment (1 bedroom) in City Centre	963.94 €	748.2 €	-22.4 %
Apartment (1 bedroom) Outside of Centre	721.65 €	569.35 €	-21.1 %
Apartment (3 bedrooms) in City Centre	1,514.68 €	1,326.73 €	-12.4 %
Apartment (3 bedrooms) Outside of Centre	1,066.52 €	942.54 €	-11.6 %
Buy Apartment Price	Spain Edit	Italy Edit
Price per Square Feet to Buy Apartment in City Centre	340.46 €	345.22 €	+1.4 %
Price per Square Feet to Buy Apartment Outside of Centre	201.39 €	219.6 €	+9.0 %
Salaries And Financing	Spain Edit	Italy Edit
Average Monthly Net Salary (After Tax)	1,735.13 €	1,615.52 €	-6.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.56	4.65	+30.6 %
Last update:	October 2024	October 2024
Contributors in the past 12 months:	864	1111

Country data (source The World Bank, 2024)	Spain	Italy
GDP Per Capita (PPP) ($) :	40,200.0	44,300.0
GDP Growth Rate:	5.77	3.72
Population Growth Rate:	0.12	-0.11

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Other comparisons Spain vs Italy:

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