Property Prices in Jurmala, Latvia

Index Info
Price to Income Ratio: 10.00
Mortgage as Percentage of Income: 66.55%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 16.28
Price to Rent Ratio - Outside of Centre: 23.17
Gross Rental Yield (City Centre): 6.14%
Gross Rental Yield (Outside of Centre): 4.32%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 575.00 € 350.00-800.00
Apartment (1 bedroom) Outside of Centre 325.00 € 250.00-400.00
Apartment (3 bedrooms) in City Centre 875.00 € 750.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 630.00 € 560.00-700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 176.51 € 167.22-185.80
Price per Square Feet to Buy Apartment Outside of Centre 157.93 € 83.61-232.26
Salaries And Financing
Average Monthly Net Salary (After Tax) 900.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00

These data are based on 15 entries in the past 18 months from 2 different contributors.
Last update: November 2020

Sources and References
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