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:	7.56	11.84
Mortgage as Percentage of Income:	52.44%	89.34%
Loan Affordability Index:	1.91	1.12
Price to Rent Ratio - City Centre:	17.03	15.04
Price to Rent Ratio - Outside of Centre:	14.23	13.29
Gross Rental Yield (City Centre):	5.87%	6.65%
Gross Rental Yield (Outside of Centre):	7.03%	7.53%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Spain Edit	Portugal Edit	Difference
Apartment (1 bedroom) in City Centre	940.56 €	936.14 €	-0.5 %
Apartment (1 bedroom) Outside of Centre	701.20 €	727.87 €	+3.8 %
Apartment (3 bedrooms) in City Centre	1,513.75 €	1,646.07 €	+8.7 %
Apartment (3 bedrooms) Outside of Centre	1,054.45 €	1,194.62 €	+13.3 %
Buy Apartment Price	Spain Edit	Portugal Edit
Price per Square Feet to Buy Apartment in City Centre	309.19 €	282.36 €	-8.7 %
Price per Square Feet to Buy Apartment Outside of Centre	187.29 €	188.23 €	+0.5 %
Salaries And Financing	Spain Edit	Portugal Edit
Average Monthly Net Salary (After Tax)	1,767.70 €	1,069.60 €	-39.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.47	4.43	+27.8 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	949	380

Country data (source The World Bank, 2024)	Spain	Portugal
GDP Per Capita (PPP) ($) :	40,200.00	35,800.00
GDP Growth Rate:	5.77	6.83
Population Growth Rate:	0.12	-0.17

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Other comparisons Spain vs Portugal:

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