Property Prices in Galway, Ireland

Index Info
Price to Income Ratio: 7.75
Mortgage as Percentage of Income: 55.12%
Loan Affordability Index: 1.81
Price to Rent Ratio - City Centre: 16.26
Price to Rent Ratio - Outside of Centre: 16.54
Gross Rental Yield (City Centre): 6.15%
Gross Rental Yield (Outside of Centre): 6.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,097.37 € 900.00-1,400.00
Apartment (1 bedroom) Outside of Centre 841.18 € 700.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,766.67 € 1,500.00-2,400.00
Apartment (3 bedrooms) Outside of Centre 1,503.12 € 1,300.00-1,850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 344.51 € 290.32-418.06
Price per Square Feet to Buy Apartment Outside of Centre 281.03 € 222.97-343.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,172.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 2.90-4.40

These data are based on 141 entries in the past 18 months from 31 different contributors.
Last update: April 2021

Sources and References
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