Property Prices Comparison Between Spain and Portugal

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

City in Spain:
City in Portugal:

Index	Spain	Portugal
Price to Income Ratio:	8.48	14.03
Mortgage as Percentage of Income:	58.35%	103.22%
Loan Affordability Index:	1.71	0.97
Price to Rent Ratio - City Centre:	20.72	18.81
Price to Rent Ratio - Outside of Centre:	16.35	17.46
Gross Rental Yield (City Centre):	4.83%	5.32%
Gross Rental Yield (Outside of Centre):	6.11%	5.73%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Portugal Edit	Difference
1 Bedroom Apartment in City Centre	879.96 €	902.16 €	+2.5 %
1 Bedroom Apartment Outside of City Centre	698.11 €	721.18 €	+3.3 %
3 Bedroom Apartment in City Centre	1,399.40 €	1,568.47 €	+12.1 %
3 Bedroom Apartment Outside of City Centre	1,047.19 €	1,172.30 €	+11.9 %
Buy Apartment Price	Spain Edit	Portugal Edit
Price per Square Feet to Buy Apartment in City Centre	350.23 €	338.76 €	-3.3 %
Price per Square Feet to Buy Apartment Outside of Centre	214.05 €	244.11 €	+14.0 %
Salaries And Financing	Spain Edit	Portugal Edit
Average Monthly Net Salary (After Tax)	1,790.55 €	1,117.69 €	-37.6 %
Annual Mortgage Interest Rate (20-Year Fixed, in %)	3.37	4.13	+22.6 %
Last update:	11 December 2025	11 December 2025
Contributors in the past 12 months:	865	361

Country data (source The World Bank, 2024)	Spain	Portugal
GDP Per Capita (PPP) ($) :	47,100.00	41,800.00
GDP Growth Rate:	2.68	2.53
Population Growth Rate:	0.12	-0.14

Moving to Spain? Explore:

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Other comparisons Spain vs Portugal:

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