Property Prices in Kolding, Denmark

Index Info
Price to Income Ratio: 3.29
Mortgage as Percentage of Income: 20.91%
Loan Affordability Index: 4.78
Price to Rent Ratio - City Centre: 13.16
Price to Rent Ratio - Outside of Centre: 12.40
Gross Rental Yield (City Centre): 7.60%
Gross Rental Yield (Outside of Centre): 8.06%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 4,714.29 kr 3,500.00-5,500.00
Apartment (1 bedroom) Outside of Centre 3,916.67 kr 3,000.00-4,500.00
Apartment (3 bedrooms) in City Centre 9,133.33 kr 7,300.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 7,150.00 kr 6,400.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,300.63 kr 1,114.83-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 990.96 kr 743.22-1,207.73
Salaries And Financing
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Average Monthly Net Salary (After Tax) 18,750.00 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 1.00-3.00

These data are based on 56 entries in the past 18 months from 10 different contributors.
Last update: October 2020

Sources and References
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