Property Prices in Faroe Islands

Index Info
Price to Income Ratio: 8.24
Mortgage as Percentange of Income: 55.82%
Loan Affordability Index: 1.79
Price to Rent Ratio - City Centre: 16.72
Price to Rent Ratio - Outside of Centre: 14.02
Gross Rental Yield (City Centre): 5.98%
Gross Rental Yield (Outside of Centre): 7.13%
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 5,166.67 kr 5,000.00-5,500.00
Apartment (3 bedrooms) in City Centre 9,000.00 kr 7,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 8,250.00 kr 7,000.00-9,865.20
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,974.17 kr 1,161.28-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,393.53 kr 929.02-1,858.05
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 11,000.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.20 3.00-3.50

These data are based on 20 entries in the past 18 months from 3 different contributors.
Last update: March 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
ItalianoPrezzi delle proprietà immobiliari nelle Isole Faroe
FrançaisPrix de l'immobilier dans les îles Féroé
EspañolPrecios de Inmuebles en Islas Feroe

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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!