Property Prices in Heraklion, Greece

Index Info
Price to Income Ratio: 9.77
Mortgage as Percentage of Income: 66.98%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 20.52
Price to Rent Ratio - Outside of Centre: 19.25
Gross Rental Yield (City Centre): 4.87%
Gross Rental Yield (Outside of Centre): 5.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 350.00 € 300.00-450.00
Apartment (1 bedroom) Outside of Centre 312.86 € 280.00-450.00
Apartment (3 bedrooms) in City Centre 719.17 € 500.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 530.77 € 450.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 154.84 € 130.06-185.80
Price per Square Feet to Buy Apartment Outside of Centre 118.91 € 92.90-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 754.15 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.33 3.00-4.00

These data are based on 122 entries in the past 18 months from 25 different contributors.
Last update: June 2021

Sources and References
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