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Property Prices in Faroe Islands
| Index |  |
|---|---|
| Price to Income Ratio: | 8.53 |
| Mortgage as Percentange of Income: | 57.28% |
| Loan Affordability Index: | 1.75 |
| Price to Rent Ratio - City Centre: | 25.40 |
| Price to Rent Ratio - Outside of Centre: | 18.47 |
| Gross Rental Yield (City Centre): | 3.94% |
| Gross Rental Yield (Outside of Centre): | 5.41% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 5,750.00 kr | |
| Apartment (1 bedroom) Outside of Centre | 4,750.00 kr | |
| Apartment (3 bedrooms) in City Centre | 9,000.00 kr | |
| Apartment (3 bedrooms) Outside of Centre | 7,750.00 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 | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 14,166.67 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly | 3.10 |
These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: June 2017
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:
Cost of Living
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| Food Prices
| Gas Prices
| Health Care
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| Property Prices
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Property Prices in this country for some cities: Torshavn
We would like to gather more data for: Akrar, Argir, Arnafjordur, Dalur, Depil, Eidi, Elduvik, Famjin, Frodba, Funningur, Gasadalur, ... Update information for Faroe Islands!