Property Prices in North Korea

Index Info
Price to Income Ratio: 30.31
Mortgage as Percentage of Income: 286.40%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 12.31
Price to Rent Ratio - Outside of Centre: 77.04
Gross Rental Yield (City Centre): 8.12%
Gross Rental Yield (Outside of Centre): 1.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 80.00 € 80.00-80.00
Apartment (1 bedroom) Outside of Centre 80.00 € 80.00-80.00
Apartment (3 bedrooms) in City Centre 2,062.50 € 2,000.00-2,125.00
Apartment (3 bedrooms) Outside of Centre 120.00 € 120.00-120.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 139.68 € 139.35-140.00
Price per Square Feet to Buy Apartment Outside of Centre 115.56 € 115.00-116.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 226.59 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.20 7.11-7.29

These data are based on 20 entries in the past 12 months from 3 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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