Property Prices in Greenland

Index Info
Price to Income Ratio: 5.13
Mortgage as Percentage of Income: 42.88%
Loan Affordability Index: 2.33
Price to Rent Ratio - City Centre: 19.85
Price to Rent Ratio - Outside of Centre: 25.60
Gross Rental Yield (City Centre): 5.04%
Gross Rental Yield (Outside of Centre): 3.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,683.83 kr 3,103.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,400.72 kr 2,825.00-8,000.00
Apartment (3 bedrooms) in City Centre 10,377.54 kr 7,610.00-13,155.22
Apartment (3 bedrooms) Outside of Centre 9,605.24 kr 6,000.00-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,301.41 kr 1,579.34-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 2,787.07 kr 2,508.36-9,055.33
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,713.40 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.66 3.42-7.33

These data are based on 70 entries in the past 18 months from 13 different contributors.
Last update: June 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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