Property Prices in Parma, Italy

Index Info
Price to Income Ratio: 6.82
Mortgage as Percentage of Income: 42.94%
Loan Affordability Index: 2.33
Price to Rent Ratio - City Centre: 21.22
Price to Rent Ratio - Outside of Centre: 17.94
Gross Rental Yield (City Centre): 4.71%
Gross Rental Yield (Outside of Centre): 5.57%
Rent Per Month
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Apartment (1 bedroom) in City Centre 565.00 € 500.00-650.00
Apartment (1 bedroom) Outside of Centre 475.00 € 400.00-550.00
Apartment (3 bedrooms) in City Centre 1,003.75 € 800.00-1,250.00
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 241.55 € 185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre 170.32 € 139.35-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,625.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.39 1.20-3.50

These data are based on 80 entries in the past 18 months from 15 different contributors.
Last update: June 2023

Sources and References
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