Property Prices in Greenland

Index Info
Price to Income Ratio: 4.64
Mortgage as Percentage of Income: 38.80%
Loan Affordability Index: 2.58
Price to Rent Ratio - City Centre: 20.10
Price to Rent Ratio - Outside of Centre: 26.12
Gross Rental Yield (City Centre): 4.98%
Gross Rental Yield (Outside of Centre): 3.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,493.21 kr 2,333.00-9,626.23
Apartment (1 bedroom) Outside of Centre 5,492.00 kr 2,360.00-8,382.79
Apartment (3 bedrooms) in City Centre 9,353.04 kr 6,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 8,973.88 kr 6,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,183.20 kr 1,579.34-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 2,787.07 kr 2,508.36-3,158.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 28,835.37 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.66 3.42-7.33

These data are based on 58 entries from 10 contributors over the past 18 months.
Last update: 5 February 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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