Property Prices Comparison Between Spain and Lithuania

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

City in Spain:
City in Lithuania:

Index	Spain	Lithuania
Price to Income Ratio:	7.70	11.40
Mortgage as Percentage of Income:	53.54%	82.72%
Loan Affordability Index:	1.87	1.21
Price to Rent Ratio - City Centre:	17.20	27.14
Price to Rent Ratio - Outside of Centre:	14.29	23.31
Gross Rental Yield (City Centre):	5.81%	3.68%
Gross Rental Yield (Outside of Centre):	7.00%	4.29%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Lithuania Edit	Difference
Apartment (1 bedroom) in City Centre	943.12 €	599.66 €	-36.4 %
Apartment (1 bedroom) Outside of Centre	702.40 €	420.21 €	-40.2 %
Apartment (3 bedrooms) in City Centre	1,523.24 €	1,082.03 €	-29.0 %
Apartment (3 bedrooms) Outside of Centre	1,057.15 €	750.68 €	-29.0 %
Buy Apartment Price	Spain Edit	Lithuania Edit
Price per Square Feet to Buy Apartment in City Centre	313.57 €	330.30 €	+5.3 %
Price per Square Feet to Buy Apartment Outside of Centre	188.50 €	197.85 €	+5.0 %
Salaries And Financing	Spain Edit	Lithuania Edit
Average Monthly Net Salary (After Tax)	1,754.67 €	1,246.95 €	-28.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.49	3.98	+14.0 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	939	165

Country data (source The World Bank, 2024)	Spain	Lithuania
GDP Per Capita (PPP) ($) :	40,200.00	40,000.00
GDP Growth Rate:	5.77	2.44
Population Growth Rate:	0.12	-1.04

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