Property Prices in Arad, Romania

Index Info
Price to Income Ratio: 7.27
Mortgage as Percentage of Income: 58.28%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 21.19
Price to Rent Ratio - Outside of Centre: 23.79
Gross Rental Yield (City Centre): 4.72%
Gross Rental Yield (Outside of Centre): 4.20%
Rent Per Month
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Apartment (1 bedroom) in City Centre 847.55 lei 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 659.38 lei 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,490.66 lei 1,200.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,164.57 lei 800.00-1,434.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 360.30 lei 139.35-464.51
Price per Square Feet to Buy Apartment Outside of Centre 315.22 lei 278.71-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,501.71 lei
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.15 3.00-6.00

These data are based on 82 entries in the past 18 months from 18 different contributors.
Last update: November 2020

Sources and References
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