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:	8.56	8.23
Mortgage as Percentage of Income:	58.75%	58.50%
Loan Affordability Index:	1.70	1.71
Price to Rent Ratio - City Centre:	21.05	21.29
Price to Rent Ratio - Outside of Centre:	16.63	17.46
Gross Rental Yield (City Centre):	4.75%	4.70%
Gross Rental Yield (Outside of Centre):	6.01%	5.73%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Italy Edit	Difference
1 Bedroom Apartment in City Centre	884.13 €	731.70 €	-17.2 %
1 Bedroom Apartment Outside of City Centre	689.75 €	569.51 €	-17.4 %
3 Bedroom Apartment in City Centre	1,389.49 €	1,298.08 €	-6.6 %
3 Bedroom Apartment Outside of City Centre	1,051.31 €	954.71 €	-9.2 %

Buy Apartment Price	Spain Edit	Italy Edit
Price per Square Feet to Buy Apartment in City Centre	355.63 €	313.77 €	-11.8 %
Price per Square Feet to Buy Apartment Outside of Centre	216.50 €	195.31 €	-9.8 %

Salaries And Financing	Spain Edit	Italy Edit
Average Monthly Net Salary (After Tax)	1,797.95 €	1,665.45 €	-7.4 %
Annual Mortgage Interest Rate (20-Year Fixed, in %)	3.34	3.74	+12.1 %
Last update:	9 February 2026	9 February 2026
Contributors in the past 12 months:	828	1103

Country data (source The World Bank, 2024)	Spain	Italy
GDP Per Capita (PPP) ($) :	47,100.00	53,300.00
GDP Growth Rate:	2.68	0.70
Population Growth Rate:	0.12	-0.08

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Other comparisons Spain vs Italy:

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