Property Prices in Magdeburg, Germany

Index Info
Price to Income Ratio: 3.84
Mortgage as Percentage of Income: 23.22%
Loan Affordability Index: 4.31
Price to Rent Ratio - City Centre: 21.51
Price to Rent Ratio - Outside of Centre: 21.08
Gross Rental Yield (City Centre): 4.65%
Gross Rental Yield (Outside of Centre): 4.74%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 450.00 € 350.00-600.00
Apartment (1 bedroom) Outside of Centre 376.67 € 280.00-550.00
Apartment (3 bedrooms) in City Centre 800.00 €
Apartment (3 bedrooms) Outside of Centre 650.00 €
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 195.09 €
Price per Square Feet to Buy Apartment Outside of Centre 157.93 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,475.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.96 1.89-2.00

These data are based on 17 entries in the past 18 months from 4 different contributors.
Last update: April 2023

Sources and References
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