Property Prices in Gence, Azerbaijan

Index
Price to Income Ratio:	9.96
Mortgage as Percentage of Income:	?
Loan Affordability Index:	?
Price to Rent Ratio - City Centre:	12.99
Price to Rent Ratio - Outside of Centre:	15.59
Gross Rental Yield (City Centre):	7.70%
Gross Rental Yield (Outside of Centre):	6.41%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	350.00 man
Apartment (1 bedroom) Outside of Centre	215.00 man	180.00-250.00
Apartment (3 bedrooms) in City Centre	500.00 man
Apartment (3 bedrooms) Outside of Centre	350.00 man
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	83.61 man	74.32-92.90
Price per Square Feet to Buy Apartment Outside of Centre	65.03 man
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	401.67 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	?

These data are based on 11 entries in the past 18 months from 3 different contributors.
Last update: December 2023

Sources and References

Nearby cities:

Property Prices in Alunitdag	18.13 miles
Property Prices in Shamkir	23.32 miles
Property Prices in Goranboy	26.94 miles
Property Prices in Qizilhacili	31.98 miles
Property Prices in Aran	35.09 miles
Property Prices in Naftalan	35.30 miles
Property Prices in Yevlakh	44.07 miles
Property Prices in Barda	58.39 miles
Property Prices in Agstafa	60.04 miles
Property Prices in Tovuz	63.86 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,100.00
GDP Growth Rate:	4.62%
Population Growth Rate:	0.43%