Property Prices in North Macedonia

Index Info
Price to Income Ratio: 14.60
Mortgage as Percentage of Income: 116.60%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 28.68
Price to Rent Ratio - Outside of Centre: 29.21
Gross Rental Yield (City Centre): 3.49%
Gross Rental Yield (Outside of Centre): 3.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,456.75 ден 11,000.00-27,725.81
Apartment (1 bedroom) Outside of Centre 12,289.36 ден 9,000.00-18,483.87
Apartment (3 bedrooms) in City Centre 26,920.76 ден 18,000.00-43,129.04
Apartment (3 bedrooms) Outside of Centre 19,149.61 ден 14,246.77-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,172.82 ден 5,723.98-12,077.29
Price per Square Feet to Buy Apartment Outside of Centre 6,836.92 ден 4,645.11-8,825.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 29,508.09 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.10 3.50-7.50

These data are based on 510 entries in the past 18 months from 82 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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