Property Prices in Faroe Islands
| Index |  |
|---|---|
| Price to Income Ratio: | 10.25 |
| Mortgage as Percentage of Income: | ? |
| Loan Affordability Index: | ? |
| Price to Rent Ratio - City Centre: | 19.78 |
| Price to Rent Ratio - Outside of Centre: | 25.27 |
| Gross Rental Yield (City Centre): | 5.06% |
| Gross Rental Yield (Outside of Centre): | 3.96% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 7,240.00 kr | |
| 1 Bedroom Apartment Outside of City Centre | 5,963.38 kr | |
| 3 Bedroom Apartment in City Centre | 12,500.00 kr | |
| 3 Bedroom Apartment Outside of City Centre | 9,250.00 kr | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,849.00 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 2,864.46 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 15,000.00 kr | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | ? | |
These data are based on 39 entries from 8 contributors over the past 18 months.
Last update: 29 July 2026
Our data for each country are based on all entries from all cities in that country.
Sources and References
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