Property Prices in Craiova, Romania

Index Info
Price to Income Ratio: 10.24
Mortgage as Percentage of Income: 87.78%
Loan Affordability Index: 1.14
Price to Rent Ratio - City Centre: 27.02
Price to Rent Ratio - Outside of Centre: 22.90
Gross Rental Yield (City Centre): 3.70%
Gross Rental Yield (Outside of Centre): 4.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,260.56 lei 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 971.43 lei 750.00-1,250.00
Apartment (3 bedrooms) in City Centre 2,189.53 lei 1,800.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,623.40 lei 1,484.48-1,979.30
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 679.51 lei 557.41-836.12
Price per Square Feet to Buy Apartment Outside of Centre 436.38 lei 120.77-643.59
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,933.07 lei
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.97 4.50-7.80

These data are based on 79 entries in the past 18 months from 16 different contributors.
Last update: January 2023

Sources and References
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