NUMBEO

Property Prices in Faroe Islands

Index Info
Price to Income Ratio: 7.44
Mortgage as Percentange of Income: 49.93%
Loan Affordability Index: 2.00
Price to Rent Ratio - City Centre: 23.71
Price to Rent Ratio - Outside of Centre: 15.93
Gross Rental Yield (City Centre): 4.22%
Gross Rental Yield (Outside of Centre): 6.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 6,000.00 kr
Apartment (1 bedroom) Outside of Centre 5,500.00 kr
Apartment (3 bedrooms) in City Centre 10,000.00 kr
Apartment (3 bedrooms) Outside of Centre 9,000.00 kr
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 2,787.07 kr
Price per Square Feet to Buy Apartment Outside of Centre 1,703.18 kr 1,548.31-1,858.05
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 16,250.00 kr
Mortgage Interest Rate in Percentages (%), Yearly 3.10 3.10-4.00

These data are based on 11 entries in the past 18 months from 2 different contributors.
Last update: August 2017
Our data for each country are based on all entries from all cities in that country.

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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!