Property Prices in Aalborg, Denmark

Index Info
Price to Income Ratio: 5.13
Mortgage as Percentage of Income: 39.09%
Loan Affordability Index: 2.56
Price to Rent Ratio - City Centre: 18.89
Price to Rent Ratio - Outside of Centre: 20.37
Gross Rental Yield (City Centre): 5.29%
Gross Rental Yield (Outside of Centre): 4.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,283.33 kr 5,500.00-7,000.00
Apartment (1 bedroom) Outside of Centre 4,680.00 kr 4,000.00-5,500.00
Apartment (3 bedrooms) in City Centre 11,066.67 kr 9,000.00-13,000.00
Apartment (3 bedrooms) Outside of Centre 7,850.00 kr 6,500.00-14,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,382.66 kr 1,858.05-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 1,873.14 kr 1,439.99-3,251.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,344.88 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.56 2.35-5.20

These data are based on 67 entries in the past 18 months from 13 different contributors.
Last update: June 2024

Sources and References
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