Property Prices in Greenland

Index Info
Price to Income Ratio: 6.56
Mortgage as Percentage of Income: 48.80%
Loan Affordability Index: 2.05
Price to Rent Ratio - City Centre: 14.06
Price to Rent Ratio - Outside of Centre: 45.01
Gross Rental Yield (City Centre): 7.11%
Gross Rental Yield (Outside of Centre): 2.22%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,525.75 kr 3,103.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,824.44 kr 2,825.00-8,000.00
Apartment (3 bedrooms) in City Centre 14,625.00 kr 8,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 12,940.50 kr 6,262.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,064.24 kr 1,099.99-2,770.19
Price per Square Feet to Buy Apartment Outside of Centre 5,873.82 kr 2,787.07-8,960.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32,557.86 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.26 3.36-6.00

These data are based on 36 entries in the past 18 months from 8 different contributors.
Last update: November 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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