Property Prices in Reggio Nell'emilia, Italy

Index Info
Price to Income Ratio: 6.23
Mortgage as Percentage of Income: 47.06%
Loan Affordability Index: 2.12
Price to Rent Ratio - City Centre: 13.68
Price to Rent Ratio - Outside of Centre: 18.70
Gross Rental Yield (City Centre): 7.31%
Gross Rental Yield (Outside of Centre): 5.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 733.33 € 700.00-800.00
Apartment (1 bedroom) Outside of Centre 483.33 € 350.00-600.00
Apartment (3 bedrooms) in City Centre 1,066.67 € 900.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 750.00 € 700.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 185.80 € 157.93-213.68
Price per Square Feet to Buy Apartment Outside of Centre 171.87 € 157.93-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,543.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.43 3.50-4.90

These data are based on 30 entries in the past 18 months from 11 different contributors.
Last update: May 2024

Sources and References
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