Property Prices in North Macedonia

Index Info
Price to Income Ratio: 13.73
Mortgage as Percentage of Income: 110.22%
Loan Affordability Index: 0.91
Price to Rent Ratio - City Centre: 29.51
Price to Rent Ratio - Outside of Centre: 29.09
Gross Rental Yield (City Centre): 3.39%
Gross Rental Yield (Outside of Centre): 3.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,281.70 ден 10,000.00-24,636.49
Apartment (1 bedroom) Outside of Centre 12,484.39 ден 8,500.00-18,477.37
Apartment (3 bedrooms) in City Centre 27,372.42 ден 18,000.00-43,113.86
Apartment (3 bedrooms) Outside of Centre 19,623.16 ден 14,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,450.05 ден 6,294.16-12,077.29
Price per Square Feet to Buy Apartment Outside of Centre 6,940.68 ден 4,923.82-9,155.14
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32,116.51 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 3.50-7.50

These data are based on 538 entries in the past 18 months from 95 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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