Property Prices in Faroe Islands

Index Info
Price to Income Ratio: 4.17
Mortgage as Percentange of Income: 28.23%
Loan Affordability Index: 3.54
Price to Rent Ratio - City Centre: 9.84
Price to Rent Ratio - Outside of Centre: 9.54
Gross Rental Yield (City Centre): 10.17%
Gross Rental Yield (Outside of Centre): 10.48%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 6,500.00 kr 6,000.00-7,000.00
Apartment (1 bedroom) Outside of Centre 5,000.00 kr 5,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 9,000.00 kr 7,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 8,219.75 kr 7,000.00-10,159.26
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) 13,500.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.20 3.00-3.50

These data are based on 18 entries in the past 18 months from 3 different contributors.
Last update: September 2019
Our data for each country are based on all entries from all cities in that country.

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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

More about Faroe Islands: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

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!