Property Prices in Hanover, Germany

Index Info
Price to Income Ratio: 7.07
Mortgage as Percentage of Income: 51.3%
Loan Affordability Index: 1.95
Price to Rent Ratio - City Centre: 24.33
Price to Rent Ratio - Outside of Centre: 20.19
Gross Rental Yield (City Centre): 4.11%
Gross Rental Yield (Outside of Centre): 4.95%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 906.67 € 800.0-1,100.0
Apartment (1 bedroom) Outside of Centre 639.56 € 550.0-920.0
Apartment (3 bedrooms) in City Centre 1,476.67 € 1,300.0-1,700.0
Apartment (3 bedrooms) Outside of Centre 1,042.14 € 800.0-1,400.0
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 428.0 € 310.11-472.87
Price per Square Feet to Buy Apartment Outside of Centre 250.59 € 232.26-278.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,584.04 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 3.95-4.0

These data are based on 80 entries in the past 18 months from 18 different contributors.
Last update: September 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far