Southern Europe: Property Prices Index by Country 2023 Mid-Year

Chart: Price to Income Ratio
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Rank
Country
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Serbia 17.6 4.4 4.6 22.9 21.5 153.6 0.7
Kosovo (Disputed Territory) 15.1 4.0 5.3 24.9 18.8 123.3 0.8
Albania 14.8 4.5 5.4 22.0 18.4 118.0 0.8
North Macedonia 13.7 3.3 3.2 30.2 30.9 106.8 0.9
Croatia 13.4 3.1 3.1 31.7 32.0 96.1 1.0
Montenegro 13.0 5.8 5.5 17.1 18.2 106.3 0.9
Slovenia 12.1 3.7 3.8 27.2 26.1 78.3 1.3
Portugal 11.9 5.6 6.4 17.7 15.7 84.6 1.2
Bosnia And Herzegovina 11.7 2.7 2.8 36.7 35.5 81.5 1.2
Greece 11.7 4.2 4.3 23.8 23.3 87.8 1.1
Malta 11.3 5.6 5.7 17.9 17.4 87.4 1.1
Italy 9.2 4.1 4.9 24.6 20.2 64.0 1.6
Spain 7.1 5.0 6.1 20.0 16.5 47.4 2.1