Property Prices in Nuuk, Greenland

Index Info
Price to Income Ratio: 3.72
Mortgage as Percentage of Income: 28.73%
Loan Affordability Index: 3.48
Price to Rent Ratio - City Centre: 8.45
Price to Rent Ratio - Outside of Centre: 15.09
Gross Rental Yield (City Centre): 11.84%
Gross Rental Yield (Outside of Centre): 6.63%

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Rent Per Month
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1 Bedroom Apartment in City Centre 10,100.00 kr 9,000.00-11,300.00
1 Bedroom Apartment Outside of City Centre 9,100.00 kr 8,000.00-11,300.00
3 Bedroom Apartment in City Centre 17,766.67 kr 12,000.00-25,000.00
3 Bedroom Apartment Outside of City Centre 16,433.33 kr 15,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,711.27 kr 1,099.99-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 2,787.07 kr
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32,558.67 kr
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.71 3.42-6.00

These data are based on 24 entries from 4 contributors over the past 18 months.
Last update: 14 October 2025

Sources and References
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