Property Prices in Parma, Italy

Index Info
Price to Income Ratio: 9.64
Mortgage as Percentage of Income: 58.25%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 24.74
Price to Rent Ratio - Outside of Centre: 21.26
Gross Rental Yield (City Centre): 4.04%
Gross Rental Yield (Outside of Centre): 4.70%
Rent Per Month
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Apartment (1 bedroom) in City Centre 605.56 € 500.00-750.00
Apartment (1 bedroom) Outside of Centre 456.25 € 350.00-600.00
Apartment (3 bedrooms) in City Centre 1,122.22 € 900.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 828.75 € 700.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 307.74 € 232.26-418.06
Price per Square Feet to Buy Apartment Outside of Centre 197.42 € 139.35-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,409.44 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.95 1.20-2.30

These data are based on 94 entries in the past 18 months from 14 different contributors.
Last update: April 2021

Sources and References
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