Property Prices in Parma, Italy

Index Info
Price to Income Ratio: 8.80
Mortgage as Percentage of Income: 68.69%
Loan Affordability Index: 1.46
Price to Rent Ratio - City Centre: 24.17
Price to Rent Ratio - Outside of Centre: 17.47
Gross Rental Yield (City Centre): 4.14%
Gross Rental Yield (Outside of Centre): 5.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 656.25 € 550.00-800.00
Apartment (1 bedroom) Outside of Centre 541.67 € 500.00-600.00
Apartment (3 bedrooms) in City Centre 1,230.00 € 1,100.00-1,400.00
Apartment (3 bedrooms) Outside of Centre 932.86 € 850.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 327.48 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 188.13 € 167.22-241.55
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,577.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 4.50-4.90

These data are based on 75 entries in the past 18 months from 15 different contributors.
Last update: February 2024

Sources and References
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