Property Prices in Espoo, Finland

Index Info
Price to Income Ratio: 12.17
Mortgage as Percentage of Income: 86.95%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 34.79
Price to Rent Ratio - Outside of Centre: 29.44
Gross Rental Yield (City Centre): 2.87%
Gross Rental Yield (Outside of Centre): 3.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,075.66 € 899.00-1,250.00
Apartment (1 bedroom) Outside of Centre 860.34 € 698.00-1,050.00
Apartment (3 bedrooms) in City Centre 1,742.41 € 1,450.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,408.93 € 1,100.00-1,650.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 724.27 € 557.41-929.02
Price per Square Feet to Buy Apartment Outside of Centre 492.55 € 371.61-631.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,691.19 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 1.25-4.50

These data are based on 159 entries in the past 18 months from 27 different contributors.
Last update: March 2024

Sources and References
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