Property Prices in Bergen, Norway

Index Info
Price to Income Ratio: 7.22
Mortgage as Percentange of Income: 46.43%
Loan Affordability Index: 2.15
Price to Rent Ratio - City Centre: 20.64
Price to Rent Ratio - Outside of Centre: 19.66
Gross Rental Yield (City Centre): 4.85%
Gross Rental Yield (Outside of Centre): 5.09%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 9,454.55 kr 8,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 8,041.67 kr 7,000.00-9,000.00
Apartment (3 bedrooms) in City Centre 17,777.78 kr 16,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 14,250.00 kr 12,000.00-15,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 4,034.28 kr 3,716.09-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 3,181.90 kr 2,787.07-3,530.29
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 26,900.00 kr
Mortgage Interest Rate in Percentages (%), Yearly 2.62 2.00-3.00

These data are based on 75 entries in the past 18 months from 12 different contributors.
Last update: October, 2016

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1 Comments so far

#Kim Eikevik on May 29, 2015 :
How much would an older 3 bedroom house rent for monthly in a small town about 1 1/2 hrs north of Bergen on Masfjorden?