Property Prices in Rakvere, Estonia

Index Info
Price to Income Ratio: 6.04
Mortgage as Percentage of Income: 37.68%
Loan Affordability Index: 2.65
Price to Rent Ratio - City Centre: 23.71
Price to Rent Ratio - Outside of Centre: 23.73
Gross Rental Yield (City Centre): 4.22%
Gross Rental Yield (Outside of Centre): 4.21%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 300.00 €
Apartment (1 bedroom) Outside of Centre 250.00 €
Apartment (3 bedrooms) in City Centre 500.00 €
Apartment (3 bedrooms) Outside of Centre 300.00 €
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 139.35 €
Price per Square Feet to Buy Apartment Outside of Centre 102.19 €
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,076.91 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.30

These data are based on 9 entries in the past 18 months from 2 different contributors.
Last update: January 2024

Sources and References
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