Property Prices in Espoo, Finland

Index Info
Price to Income Ratio: 10.68
Mortgage as Percentage of Income: 60.26%
Loan Affordability Index: 1.66
Price to Rent Ratio - City Centre: 31.62
Price to Rent Ratio - Outside of Centre: 26.47
Gross Rental Yield (City Centre): 3.16%
Gross Rental Yield (Outside of Centre): 3.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,127.41 € 900.00-1,250.00
Apartment (1 bedroom) Outside of Centre 876.90 € 700.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,741.07 € 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,391.67 € 1,100.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 676.42 € 510.96-836.12
Price per Square Feet to Buy Apartment Outside of Centre 445.41 € 325.16-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,827.06 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.23 0.80-1.65

These data are based on 209 entries in the past 18 months from 35 different contributors.
Last update: March 2023

Sources and References
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