Property Prices in Espoo, Finland

Index Info
Price to Income Ratio: 8.22
Mortgage as Percentage of Income: 46.04%
Loan Affordability Index: 2.17
Price to Rent Ratio - City Centre: 31.39
Price to Rent Ratio - Outside of Centre: 24.42
Gross Rental Yield (City Centre): 3.19%
Gross Rental Yield (Outside of Centre): 4.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 913.75 € 700.00-1,300.00
Apartment (1 bedroom) Outside of Centre 700.00 € 550.00-850.00
Apartment (3 bedrooms) in City Centre 1,393.89 € 1,100.00-2,100.00
Apartment (3 bedrooms) Outside of Centre 1,141.11 € 900.00-1,450.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 541.53 € 371.61-743.22
Price per Square Feet to Buy Apartment Outside of Centre 331.79 € 278.71-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,860.55 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.16 0.70-1.65

These data are based on 114 entries in the past 18 months from 23 different contributors.
Last update: March 2021

Sources and References
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