Property Prices in Heraklion, Greece

Index Info
Price to Income Ratio: 18.48
Mortgage as Percentage of Income: 122.97%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 38.49
Price to Rent Ratio - Outside of Centre: 34.47
Gross Rental Yield (City Centre): 2.60%
Gross Rental Yield (Outside of Centre): 2.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 369.23 € 300.00-450.00
Apartment (1 bedroom) Outside of Centre 321.67 € 250.00-553.00
Apartment (3 bedrooms) in City Centre 720.00 € 600.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 577.78 € 450.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 298.84 € 278.71-325.16
Price per Square Feet to Buy Apartment Outside of Centre 224.51 € 185.80-255.48
Salaries And Financing
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Average Monthly Net Salary (After Tax) 762.20 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00 3.00-3.00

These data are based on 93 entries in the past 18 months from 22 different contributors.
Last update: March 2023

Sources and References
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