Property Prices in Galway, Ireland

Index Info
Price to Income Ratio: 6.55
Mortgage as Percentage of Income: 49.25%
Loan Affordability Index: 2.03
Price to Rent Ratio - City Centre: 11.92
Price to Rent Ratio - Outside of Centre: 11.70
Gross Rental Yield (City Centre): 8.39%
Gross Rental Yield (Outside of Centre): 8.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,544.44 € 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,371.43 € 1,200.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,671.43 € 2,200.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 2,050.00 € 1,700.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 366.72 € 290.32-427.35
Price per Square Feet to Buy Apartment Outside of Centre 300.38 € 241.55-334.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,740.38 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.39 3.00-4.80

These data are based on 82 entries in the past 18 months from 20 different contributors.
Last update: February 2024

Sources and References
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