Property Prices in Magdeburg, Germany

Index Info
Price to Income Ratio: 4.28
Mortgage as Percentage of Income: 25.69%
Loan Affordability Index: 3.89
Price to Rent Ratio - City Centre: 19.45
Price to Rent Ratio - Outside of Centre: 17.24
Gross Rental Yield (City Centre): 5.14%
Gross Rental Yield (Outside of Centre): 5.80%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 325.00 € 250.00-400.00
Apartment (1 bedroom) Outside of Centre 242.00 € 200.00-300.00
Apartment (3 bedrooms) in City Centre 887.50 € 600.00-1,300.00
Apartment (3 bedrooms) Outside of Centre 637.50 € 500.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 157.93 € 130.06-185.80
Price per Square Feet to Buy Apartment Outside of Centre 102.19 € 102.19-102.19
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,636.60 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.89 1.00-2.00

These data are based on 44 entries in the past 18 months from 9 different contributors.
Last update: June 2021

Sources and References
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