Property Prices in Kumanovo, North Macedonia

Index Info
Price to Income Ratio: 10.32
Mortgage as Percentage of Income: 75.06%
Loan Affordability Index: 1.33
Price to Rent Ratio - City Centre: 29.36
Price to Rent Ratio - Outside of Centre: 31.95
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.13%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,130.89 ден 12,000.00-15,392.66
Apartment (1 bedroom) Outside of Centre 10,771.38 ден 10,000.00-12,314.13
Apartment (3 bedrooms) in City Centre 17,000.00 ден 16,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre 13,500.00 ден 12,000.00-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,828.26 ден 6,292.06-13,935.34
Price per Square Feet to Buy Apartment Outside of Centre 6,022.35 ден 5,148.05-11,148.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 33,500.00 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 4.00-4.00

These data are based on 30 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References
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