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Property Prices in Faroe Islands
| Index |  |
|---|---|
| Price to Income Ratio: | 6.82 |
| Mortgage as Percentange of Income: | 46.18% |
| Loan Affordability Index: | 2.17 |
| Price to Rent Ratio - City Centre: | 16.72 |
| Price to Rent Ratio - Outside of Centre: | 14.40 |
| Gross Rental Yield (City Centre): | 5.98% |
| Gross Rental Yield (Outside of Centre): | 6.94% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 6,500.00 kr | |
| Apartment (1 bedroom) Outside of Centre | 5,250.00 kr | |
| Apartment (3 bedrooms) in City Centre | 9,000.00 kr | |
| Apartment (3 bedrooms) Outside of Centre | 8,250.00 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 1,974.17 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,445.13 kr | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 13,500.00 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.20 |
These data are based on 21 entries in the past 18 months from 4 different contributors.
Last update: August 2018
Our data for each country are based on all entries from all cities in that country.
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
More about Faroe Islands:
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| Food Prices
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| Health Care
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| Property Prices
| Quality of Life
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Property Prices in this country for some cities:
We would like to gather more data for: Akrar, Argir, Arnafjordur, Dalur, Depil, Eidi, Elduvik, Famjin, Frodba, Funningur, Gasadalur, ... Update information for Faroe Islands!