Property Prices in Espoo, Finland

Index Info
Price to Income Ratio: 10.41
Mortgage as Percentage of Income: 66.05%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 33.01
Price to Rent Ratio - Outside of Centre: 27.86
Gross Rental Yield (City Centre): 3.03%
Gross Rental Yield (Outside of Centre): 3.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,060.14 € 900.00-1,250.00
Apartment (1 bedroom) Outside of Centre 837.53 € 698.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,706.42 € 1,400.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,359.21 € 1,100.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 675.55 € 510.96-836.12
Price per Square Feet to Buy Apartment Outside of Centre 452.05 € 325.16-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,915.11 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.48 1.00-3.80

These data are based on 200 entries in the past 18 months from 33 different contributors.
Last update: October 2023

Sources and References
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