Property Prices in North Macedonia

Index Info
Price to Income Ratio: 13.40
Mortgage as Percentage of Income: 103.87%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 28.66
Price to Rent Ratio - Outside of Centre: 29.76
Gross Rental Yield (City Centre): 3.49%
Gross Rental Yield (Outside of Centre): 3.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,050.28 ден 8,000.00-22,000.00
Apartment (1 bedroom) Outside of Centre 9,382.00 ден 6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 20,766.59 ден 12,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre 15,232.01 ден 9,249.48-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,184.73 ден 4,180.60-11,148.27
Price per Square Feet to Buy Apartment Outside of Centre 5,410.19 ден 3,437.38-8,020.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,292.88 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.74 3.50-7.00

These data are based on 801 entries in the past 18 months from 126 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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