Property Prices in Kumanovo, North Macedonia

Index Info
Price to Income Ratio: 10.03
Mortgage as Percentage of Income: 79.45%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 17.25
Price to Rent Ratio - Outside of Centre: 20.94
Gross Rental Yield (City Centre): 5.80%
Gross Rental Yield (Outside of Centre): 4.78%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,900.72 ден 12,000.00-18,602.87
Apartment (1 bedroom) Outside of Centre 6,680.38 ден 3,000.00-13,000.00
Apartment (3 bedrooms) in City Centre 15,750.00 ден 12,000.00-31,004.79
Apartment (3 bedrooms) Outside of Centre 15,950.96 ден 12,000.00-24,803.83
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,050.54 ден 3,901.90-22,296.54
Price per Square Feet to Buy Apartment Outside of Centre 3,251.58 ден 2,972.87-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 19,587.92 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00 3.00-7.00

These data are based on 49 entries in the past 18 months from 11 different contributors.
Last update: April 2021

Sources and References
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