Property Prices in Galati, Romania

Index Info
Price to Income Ratio: 7.81
Mortgage as Percentage of Income: 69.86%
Loan Affordability Index: 1.43
Price to Rent Ratio - City Centre: 16.72
Price to Rent Ratio - Outside of Centre: 17.92
Gross Rental Yield (City Centre): 5.98%
Gross Rental Yield (Outside of Centre): 5.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,861.38 lei 1,592.95-2,000.00
Apartment (1 bedroom) Outside of Centre 1,495.59 lei 1,244.49-1,742.29
Apartment (3 bedrooms) in City Centre 2,726.43 lei 1,692.51-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,310.86 lei 1,692.51-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 578.08 lei 462.46-693.70
Price per Square Feet to Buy Apartment Outside of Centre 508.71 lei 462.46-554.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,745.23 lei
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 6.50-6.50

These data are based on 24 entries from 4 contributors over the past 18 months.
Last update: February 2025

Sources and References
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