Property Prices in North Macedonia

Index Info
Price to Income Ratio: 12.88
Mortgage as Percentage of Income: 102.75%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 29.10
Price to Rent Ratio - Outside of Centre: 28.34
Gross Rental Yield (City Centre): 3.44%
Gross Rental Yield (Outside of Centre): 3.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,821.75 ден 12,000.00-24,656.75
Apartment (1 bedroom) Outside of Centre 12,918.81 ден 9,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 27,430.43 ден 18,000.00-43,149.31
Apartment (3 bedrooms) Outside of Centre 19,828.38 ден 14,191.84-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,501.43 ден 6,299.34-13,192.12
Price per Square Feet to Buy Apartment Outside of Centre 6,929.16 ден 4,746.43-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 34,340.09 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.09 3.50-7.50

These data are based on 494 entries in the past 18 months from 96 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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