Property Prices in Messina, Italy

Index Info
Price to Income Ratio: 7.48
Mortgage as Percentage of Income: 45.39%
Loan Affordability Index: 2.20
Price to Rent Ratio - City Centre: 25.44
Price to Rent Ratio - Outside of Centre: 18.53
Gross Rental Yield (City Centre): 3.93%
Gross Rental Yield (Outside of Centre): 5.40%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 400.00 € 350.00-500.00
Apartment (1 bedroom) Outside of Centre 312.50 € 250.00-350.00
Apartment (3 bedrooms) in City Centre 687.50 € 650.00-800.00
Apartment (3 bedrooms) Outside of Centre 475.00 € 400.00-500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 202.06 € 139.35-325.16
Price per Square Feet to Buy Apartment Outside of Centre 109.16 € 92.90-139.35
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,120.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.00

These data are based on 41 entries in the past 18 months from 7 different contributors.
Last update: May 2021

Sources and References
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