Property Prices in Heraklion, Greece

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Index
Price to Income Ratio:	16.07
Mortgage as Percentage of Income:	121.16%
Loan Affordability Index:	0.83
Price to Rent Ratio - City Centre:	33.02
Price to Rent Ratio - Outside of Centre:	34.15
Gross Rental Yield (City Centre):	3.03%
Gross Rental Yield (Outside of Centre):	2.93%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	430.0 €	400.0-600.0
Apartment (1 bedroom) Outside of Centre	352.22 €	300.0-450.0
Apartment (3 bedrooms) in City Centre	837.5 €	650.0-1,100.0
Apartment (3 bedrooms) Outside of Centre	708.33 €	600.0-800.0
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	298.45 €	278.71-371.61
Price per Square Feet to Buy Apartment Outside of Centre	256.64 €	232.26-343.74
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	929.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.42	4.3-5.0

These data are based on 82 entries in the past 18 months from 22 different contributors.
Last update: October 2024

Sources and References

Nearby cities:

Property Prices in Rethymno	49.26 miles
Property Prices in Chania	85.62 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	31,700.0
GDP Growth Rate:	5.56%
Population Growth Rate:	-0.35%