Property Prices in Florence, Italy

Index Info
Price to Income Ratio: 14.48
Mortgage as Percentage of Income: 102.48%
Loan Affordability Index: 0.98
Price to Rent Ratio - City Centre: 26.84
Price to Rent Ratio - Outside of Centre: 24.51
Gross Rental Yield (City Centre): 3.73%
Gross Rental Yield (Outside of Centre): 4.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 912.50 € 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 670.00 € 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,817.08 € 1,300.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,200.00 € 900.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 520.25 € 464.51-650.32
Price per Square Feet to Buy Apartment Outside of Centre 332.13 € 278.71-445.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,584.58 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.69 1.70-4.90

These data are based on 145 entries in the past 18 months from 24 different contributors.
Last update: November 2023

Sources and References
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