Property Prices in Faroe Islands
| Index |  |
|---|---|
| Price to Income Ratio: | 3.58 |
| Mortgage as Percentage of Income: | 24.23% |
| Loan Affordability Index: | 4.13 |
| Price to Rent Ratio - City Centre: | 7.82 |
| Price to Rent Ratio - Outside of Centre: | 7.06 |
| Gross Rental Yield (City Centre): | 12.79% |
| Gross Rental Yield (Outside of Centre): | 14.16% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 7,209.26 kr | |
| Apartment (1 bedroom) Outside of Centre | 6,042.59 kr | |
| Apartment (3 bedrooms) in City Centre | 13,439.82 kr | |
| Apartment (3 bedrooms) Outside of Centre | 12,659.73 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 1,161.28 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 929.02 kr | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 15,728.61 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.20 |
These data are based on 25 entries in the past 18 months from 5 different contributors.
Last update: May 2020
Our data for each country are based on all entries from all cities in that country.
Sources and References
This page in other languages:
DeutschImmobilienpreise auf den Färöer-Inseln
PortuguêsPreços de Imóveis nas ilhas Faroe
ItalianoPrezzi delle proprietà immobiliari nelle Isole Faroe
FrançaisPrix de l'immobilier dans les îles Féroé
EspañolPrecios de Inmuebles en Islas Feroe