Europe: Property Prices Index by City 2015 Mid-Year

Chart: Price to Income Ratio
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Rank
City
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
Monaco, Monaco 51.3 3.1 3.9 32.8 25.9 357.9 0.3
London, United Kingdom 30.5 2.5 2.7 39.3 37.2 218.1 0.5
Lviv, Ukraine 27.8 3.6 3.8 27.8 26.5 646.6 0.2
Kharkiv, Ukraine 27.7 5.4 5.6 18.5 17.7 578.6 0.2
Kiev (Kyiv), Ukraine 25.3 5.3 5.1 19.0 19.6 572.1 0.2
Moscow, Russia 25.1 4.3 4.3 23.4 23.2 382.0 0.3
Odessa (Odesa), Ukraine 23.5 5.5 5.3 18.2 18.8 535.0 0.2
Rome, Italy 22.5 2.6 3.8 38.6 26.1 162.2 0.6
Dnipro, Ukraine 20.7 5.6 5.4 17.7 18.6 562.5 0.2
Paris, France 20.7 2.2 2.5 44.8 39.9 137.4 0.7
Minsk, Belarus 20.2 5.3 5.1 18.9 19.7 874.1 0.1
Belgrade, Serbia 19.7 2.9 3.4 34.2 29.7 169.5 0.6
Split, Croatia 19.3 2.5 2.9 39.4 34.2 182.1 0.5
Chisinau, Moldova 18.7 5.4 5.9 18.6 16.8 271.1 0.4
Tirana, Albania 18.1 3.6 5.6 28.0 17.9 166.9 0.6
Milan, Italy 18.0 2.6 4.6 39.0 21.8 128.6 0.8
Skopje, North Macedonia 17.5 4.0 3.8 25.1 26.3 150.5 0.7
Novi Sad, Serbia 16.5 2.8 3.0 35.6 32.9 155.8 0.6
Saint Petersburg, Russia 16.1 5.1 5.7 19.6 17.6 243.2 0.4
Zadar, Croatia 15.9 2.5 2.9 40.3 34.4 147.1 0.7
Heraklion, Greece 15.9 1.8 2.2 56.4 46.5 109.3 0.9
Bradford, United Kingdom 15.7 2.6 2.5 38.9 40.6 114.1 0.9
Naples, Italy 15.7 3.8 4.0 26.5 24.7 128.7 0.8
Podgorica, Montenegro 15.6 3.9 3.7 25.5 27.0 190.9 0.5
Yekaterinburg, Russia 14.6 7.8 9.8 12.7 10.3 229.8 0.4
Oradea, Romania 14.6 3.0 3.5 33.7 28.4 131.5 0.8
Corfu, Greece 14.3 1.9 3.1 51.5 32.7 121.3 0.8
Pristina, Kosovo (Disputed Territory) 14.3 4.0 5.1 25.2 19.4 148.5 0.7
Stockholm, Sweden 14.1 2.5 3.0 39.4 33.8 87.4 1.1
Venice, Italy 14.1 2.6 5.3 37.8 18.7 126.4 0.8
Sarajevo, Bosnia And Herzegovina 14.1 3.4 3.7 29.6 27.1 140.1 0.7
Saint Helier, Jersey 13.9 3.4 2.7 29.8 36.6 105.4 0.9
Vienna, Austria 13.7 2.7 3.6 37.5 27.9 90.6 1.1
Kazan, Russia 13.6 4.5 5.1 22.1 19.7 219.3 0.5
Vilnius, Lithuania 13.6 4.7 4.9 21.2 20.4 87.7 1.1
Padova, Italy 13.6 3.0 3.0 33.0 33.4 136.1 0.7
Bitola, North Macedonia 13.5 2.8 2.6 35.5 39.2 127.5 0.8
Leuven, Belgium 13.1 2.4 2.3 42.3 43.0 117.6 0.8
Bournemouth, United Kingdom 13.0 4.6 4.1 21.6 24.6 98.9 1.0
Nis, Serbia 12.9 4.0 2.5 25.0 40.7 108.1 0.9
Novosibirsk, Russia 12.7 4.7 5.5 21.2 18.0 189.4 0.5
Trento, Italy 12.6 2.5 3.5 40.7 28.3 90.9 1.1
Iasi, Romania 12.5 4.8 4.8 20.7 20.9 104.3 1.0
Bratislava, Slovakia 12.5 4.7 4.8 21.2 21.0 80.0 1.2
Perugia, Italy 12.4 1.9 2.8 53.7 36.0 102.1 1.0
Warsaw, Poland 12.3 4.2 4.8 23.6 21.0 92.3 1.1
Salzburg, Austria 12.3 3.2 4.3 31.0 23.4 79.8 1.3
Gdynia, Poland 12.2 3.6 4.2 28.1 23.9 93.7 1.1
Munich, Germany 12.1 2.7 3.3 36.6 30.2 80.5 1.2
Craiova, Romania 12.1 4.5 3.8 22.1 26.1 115.2 0.9
Pisa, Italy 12.1 4.1 4.0 24.1 24.9 98.7 1.0
Espoo, Finland 12.0 3.4 4.6 29.0 21.8 75.6 1.3
Florence, Italy 12.0 3.6 3.9 28.1 25.3 111.6 0.9
Bilbao, Spain 12.0 3.1 3.5 32.8 28.7 83.3 1.2
Innsbruck, Austria 11.9 3.7 4.0 27.3 25.0 79.1 1.3
Brasov, Romania 11.8 5.3 5.5 18.8 18.1 96.1 1.0
Prague, Czech Republic 11.7 4.1 4.5 24.5 22.0 75.6 1.3
Liverpool, United Kingdom 11.7 2.4 2.9 41.6 34.0 84.8 1.2
Tartu, Estonia 11.6 3.3 3.5 29.9 28.8 73.3 1.4
Cluj-Napoca, Romania 11.5 4.8 4.2 20.9 23.7 95.4 1.0
Rijeka, Croatia 11.3 3.8 4.0 26.2 25.0 104.0 1.0
Bucharest, Romania 11.2 5.5 5.6 18.3 17.7 93.6 1.1
Banja Luka, Bosnia And Herzegovina 11.2 4.0 3.5 24.7 28.9 110.0 0.9
Turin, Italy 11.1 3.2 3.8 31.7 26.0 97.4 1.0
Freiburg im Breisgau, Germany 11.0 2.6 4.7 38.5 21.2 80.2 1.2
Tallinn, Estonia 10.9 4.1 4.3 24.2 23.3 75.5 1.3
Palma de Mallorca, Spain 10.9 3.9 4.8 25.4 21.0 96.3 1.0
Lausanne, Switzerland 10.9 2.5 2.7 39.9 37.0 64.6 1.5
Zagreb, Croatia 10.9 3.6 3.9 27.8 25.6 93.8 1.1
Como, Italy 10.8 2.6 3.3 38.7 30.6 91.9 1.1
Wroclaw, Poland 10.8 5.2 5.8 19.2 17.3 81.5 1.2
Zaragoza (Saragossa), Spain 10.8 3.1 3.5 31.8 28.5 75.1 1.3
Geneva, Switzerland 10.7 2.7 3.0 37.2 33.1 67.0 1.5
Krakow (Cracow), Poland 10.7 3.8 4.4 26.6 22.8 83.5 1.2
Lodz, Poland 10.6 5.6 4.7 17.7 21.3 84.6 1.2
Timisoara, Romania 10.6 4.4 4.2 22.5 23.6 89.0 1.1
Constanta, Romania 10.6 4.0 3.7 24.9 27.2 101.8 1.0
Helsinki, Finland 10.5 3.7 4.1 26.7 24.2 64.2 1.6
Montpellier, France 10.5 3.8 4.9 26.5 20.3 72.9 1.4
Modena, Italy 10.5 2.6 4.0 39.1 25.3 77.3 1.3
Riga, Latvia 10.5 4.7 5.6 21.1 17.7 71.2 1.4
Lisbon, Portugal 10.5 4.7 5.6 21.2 17.8 75.8 1.3
Bergamo, Italy 10.4 3.0 3.5 33.5 28.3 71.1 1.4
Seville (Sevilla), Spain 10.4 3.5 4.7 28.2 21.4 74.2 1.3
Poznan, Poland 10.3 4.7 4.6 21.1 21.6 81.6 1.2
Palermo, Italy 10.3 3.4 4.5 29.6 22.4 93.7 1.1
Cagliari, Italy 10.2 4.4 5.9 22.6 16.9 112.4 0.9
Varna, Bulgaria 10.2 5.7 5.9 17.5 16.8 98.2 1.0
Bordeaux, France 10.2 3.4 4.0 29.3 25.1 74.7 1.3
Zurich, Switzerland 10.1 2.6 3.3 38.8 29.9 60.5 1.7
Madrid, Spain 10.1 4.4 4.9 22.8 20.4 67.5 1.5
Athens, Greece 10.0 4.4 4.2 22.9 23.6 74.0 1.4
Nottingham, United Kingdom 10.0 3.1 2.9 32.1 34.0 70.0 1.4
Kaunas, Lithuania 10.0 4.5 4.3 22.0 23.4 66.8 1.5
Brescia, Italy 9.9 2.4 3.1 41.2 32.1 79.6 1.3
Barcelona, Spain 9.9 4.0 4.5 25.0 22.1 67.9 1.5
Treviso, Italy 9.9 2.7 3.3 37.2 30.4 77.3 1.3
Nice, France 9.8 3.0 3.7 33.3 27.2 67.9 1.5
Corunna, Spain 9.8 3.5 3.3 28.7 30.0 65.3 1.5
Las Palmas de Gran Canaria, Spain 9.8 4.4 4.0 22.8 25.1 95.5 1.0
Brno, Czech Republic 9.7 3.8 4.4 26.0 22.9 62.4 1.6
Klaipeda, Lithuania 9.7 4.4 3.1 22.8 32.7 65.4 1.5
Hamburg, Germany 9.7 3.8 3.9 26.2 25.7 62.6 1.6
Ljubljana, Slovenia 9.6 3.8 4.0 26.6 24.8 66.8 1.5
Cambridge, United Kingdom 9.6 5.3 5.0 18.8 19.9 64.9 1.5
Oxford, United Kingdom 9.5 7.5 4.3 13.2 23.3 63.2 1.6
Dublin, Ireland 9.5 4.5 5.8 22.5 17.1 67.9 1.5
Osijek, Croatia 9.5 3.4 3.3 29.6 29.9 80.6 1.2
Maribor, Slovenia 9.4 4.2 4.0 23.8 25.0 75.6 1.3
Lublin, Poland 9.3 4.9 4.8 20.5 21.0 67.5 1.5
Milton Keynes, United Kingdom 9.1 6.3 5.1 16.0 19.5 67.8 1.5
Coimbra, Portugal 9.1 4.9 6.6 20.3 15.2 68.3 1.5
Oslo, Norway 9.1 3.9 4.2 25.5 23.8 60.9 1.6
Stavanger, Norway 9.1 5.4 5.0 18.6 20.2 64.1 1.6
Patras, Greece 9.0 3.8 3.0 26.5 33.4 65.5 1.5
Luxembourg, Luxembourg 9.0 4.7 4.9 21.4 20.3 54.5 1.8
Lyon, France 9.0 3.6 3.5 28.1 28.4 55.2 1.8
Gdansk, Poland 8.9 4.4 5.3 22.7 18.9 66.0 1.5
Bonn, Germany 8.9 5.1 3.8 19.6 26.2 56.4 1.8
Vicenza, Italy 8.8 5.1 3.0 19.4 33.7 69.8 1.4
Budapest, Hungary 8.8 4.8 5.8 20.7 17.3 78.2 1.3
Dresden, Germany 8.8 4.3 3.7 23.5 27.2 58.5 1.7
Bergen, Norway 8.8 4.1 4.6 24.1 21.9 62.8 1.6
Verona, Italy 8.8 3.9 5.5 25.4 18.3 69.4 1.4
Genoa, Italy 8.7 4.3 4.9 23.5 20.5 67.1 1.5
Kosice, Slovakia 8.7 5.9 6.7 17.1 15.0 57.5 1.7
Exeter, United Kingdom 8.7 5.5 5.2 18.3 19.1 62.2 1.6
Szczecin, Poland 8.7 5.1 4.3 19.6 23.2 63.9 1.6
Reading, United Kingdom 8.5 6.4 7.2 15.5 13.9 70.1 1.4
Bristol, United Kingdom 8.5 3.8 5.9 26.0 17.0 63.5 1.6
Brighton, United Kingdom 8.5 6.2 7.7 16.2 12.9 64.3 1.6
Thessaloniki, Greece 8.4 4.2 4.1 23.6 24.6 53.8 1.9
Berlin, Germany 8.3 4.0 4.4 25.2 22.7 53.4 1.9
Basel, Switzerland 8.3 3.5 3.3 28.2 30.3 51.8 1.9
Sofia, Bulgaria 8.3 5.4 5.6 18.6 18.0 75.8 1.3
Bologna, Italy 8.1 3.9 5.2 25.5 19.3 58.6 1.7
Aberdeen, United Kingdom 8.1 4.9 5.7 20.2 17.4 60.6 1.6
Guildford, United Kingdom 8.0 5.0 5.5 20.0 18.2 57.2 1.7
Valencia, Spain 7.9 3.4 4.4 29.2 22.5 56.4 1.8
Strasbourg, France 7.9 3.4 3.6 29.3 27.5 52.7 1.9
Debrecen, Hungary 7.9 6.8 4.3 14.7 23.2 48.3 2.1
Amsterdam, Netherlands 7.8 4.7 5.7 21.1 17.5 57.4 1.7
Lille, France 7.6 4.7 4.1 21.5 24.3 53.0 1.9
Plovdiv, Bulgaria 7.6 5.7 6.7 17.7 14.9 74.8 1.3
Lugano, Switzerland 7.6 3.5 3.8 28.8 26.4 43.5 2.3
Chania, Greece 7.6 3.8 3.3 26.3 30.7 58.7 1.7
Uppsala, Sweden 7.6 3.7 3.3 26.8 29.9 50.8 2.0
Gothenburg, Sweden 7.5 3.7 4.4 27.1 22.6 46.7 2.1
Stuttgart, Germany 7.5 3.7 3.7 27.1 27.1 48.9 2.0
Frankfurt, Germany 7.4 3.8 4.3 26.1 23.4 49.0 2.0
Trondheim, Norway 7.4 5.0 5.0 19.8 20.1 52.1 1.9
Utrecht, Netherlands 7.3 6.8 6.0 14.8 16.6 50.9 2.0
Manchester, United Kingdom 7.3 5.9 6.2 17.0 16.0 51.7 1.9
Nuremberg, Germany 7.1 3.6 3.2 27.8 30.8 44.6 2.2
Leicester, United Kingdom 7.1 4.5 5.8 22.1 17.4 52.2 1.9
Bern, Switzerland 7.1 2.7 3.6 36.5 27.9 42.9 2.3
Braga, Portugal 7.0 5.8 5.7 17.3 17.5 54.9 1.8
Faro, Portugal 7.0 9.1 8.9 11.0 11.3 46.8 2.1
Katowice, Poland 7.0 5.7 5.7 17.4 17.6 57.5 1.7
Malaga, Spain 7.0 5.4 4.5 18.5 22.1 49.5 2.0
Brussels, Belgium 7.0 5.6 5.4 17.7 18.6 47.7 2.1
Porto, Portugal 6.9 5.6 6.1 17.8 16.5 49.5 2.0
Leipzig, Germany 6.9 4.3 5.4 23.4 18.5 52.4 1.9
Sibiu, Romania 6.8 5.3 6.3 18.8 15.9 55.2 1.8
Marseille, France 6.7 4.3 4.3 23.5 23.2 49.7 2.0
Copenhagen, Denmark 6.6 5.2 6.1 19.2 16.5 45.1 2.2
Santa Cruz de Tenerife, Spain 6.5 5.0 5.5 20.1 18.2 45.5 2.2
Plymouth, United Kingdom 6.5 5.1 4.7 19.5 21.4 49.5 2.0
Cork, Ireland 6.5 4.9 5.7 20.3 17.5 47.8 2.1
Granada, Spain 6.4 5.0 4.2 20.0 23.6 46.8 2.1
Dusseldorf, Germany 6.4 4.9 4.1 20.5 24.3 42.6 2.3
Oulu, Finland 6.4 4.1 5.0 24.2 20.1 38.9 2.6
Norwich, United Kingdom 6.4 5.5 5.0 18.3 20.0 47.5 2.1
Ostrava, Czech Republic 6.3 5.2 9.1 19.1 11.0 42.5 2.4
Aarhus, Denmark 6.3 3.9 4.2 25.6 23.9 44.2 2.3
Cologne, Germany 6.3 3.7 5.1 27.1 19.4 37.5 2.7
Toulouse, France 6.2 4.9 7.2 20.3 13.9 41.9 2.4
Olomouc, Czech Republic 6.2 5.0 4.8 19.8 20.7 41.1 2.4
Edinburgh, United Kingdom 6.2 5.8 5.4 17.2 18.4 44.0 2.3
Nijmegen, Netherlands 6.1 5.1 4.9 19.6 20.3 42.7 2.3
Tampere, Finland 6.0 4.0 4.9 24.8 20.4 44.0 2.3
Grenoble, France 6.0 4.8 4.4 21.0 22.8 40.8 2.4
Alicante, Spain 6.0 5.1 4.5 19.7 22.1 43.2 2.3
Zug, Switzerland 6.0 2.7 3.5 37.6 28.9 35.6 2.8
Belfast, United Kingdom 6.0 5.8 5.8 17.1 17.3 40.1 2.5
Southampton, United Kingdom 5.9 6.0 7.8 16.7 12.8 41.7 2.4
Swansea, United Kingdom 5.9 6.6 5.9 15.1 16.9 39.5 2.5
Aachen, Germany 5.8 4.3 4.8 23.4 20.8 36.7 2.7
Rotterdam, Netherlands 5.8 5.4 6.9 18.6 14.5 42.5 2.4
Nantes, France 5.7 4.1 3.9 24.3 25.3 39.1 2.6
Tromso, Norway 5.7 5.9 5.2 16.9 19.1 40.6 2.5
Antwerp, Belgium 5.6 7.7 6.4 13.0 15.6 37.8 2.6
Trieste, Italy 5.6 4.5 5.4 22.3 18.7 44.3 2.3
Sheffield, United Kingdom 5.5 7.6 8.7 13.2 11.4 39.9 2.5
Gent, Belgium 5.5 6.0 8.3 16.7 12.1 37.9 2.6
Leeds, United Kingdom 5.4 5.5 7.6 18.2 13.1 39.9 2.5
Heidelberg, Germany 5.4 4.4 5.3 22.6 18.8 36.8 2.7
Sliema, Malta 5.4 6.8 6.4 14.6 15.7 37.8 2.6
Cardiff, United Kingdom 5.2 6.4 7.8 15.5 12.8 42.4 2.4
Aalborg, Denmark 5.2 4.4 4.2 23.0 23.6 33.7 3.0
Graz, Austria 5.2 3.9 5.2 25.8 19.2 33.2 3.0
Malmo, Sweden 5.2 4.9 5.0 20.5 20.1 32.0 3.1
Leiden, Netherlands 5.1 5.8 6.0 17.4 16.7 37.8 2.6
Newcastle upon Tyne, United Kingdom 5.0 5.5 5.5 18.2 18.0 35.1 2.8
Reykjavik, Iceland 4.9 7.8 7.9 12.9 12.7 44.7 2.2
Augsburg, Germany 4.8 4.6 5.1 21.7 19.4 35.1 2.9
Durham, United Kingdom 4.8 4.9 4.7 20.4 21.1 33.5 3.0
Odense, Denmark 4.8 5.9 5.9 17.0 16.8 35.6 2.8
Eindhoven, Netherlands 4.8 7.3 8.1 13.7 12.3 35.5 2.8
Lund, Sweden 4.8 5.4 4.5 18.4 22.3 33.7 3.0
Groningen, Netherlands 4.6 5.2 6.1 19.2 16.5 34.2 2.9
The Hague (Den Haag), Netherlands 4.6 7.9 8.1 12.7 12.4 32.9 3.0
Mannheim, Germany 4.5 3.8 3.5 26.3 28.5 28.4 3.5
Glasgow, United Kingdom 4.5 5.8 7.6 17.3 13.1 30.9 3.2
Birmingham, United Kingdom 4.4 8.1 8.7 12.4 11.6 33.8 3.0
Karlsruhe, Germany 4.2 8.0 5.2 12.6 19.3 27.7 3.6
Jyvaskyla, Finland 4.2 3.7 5.5 27.3 18.3 25.4 3.9
Bath, United Kingdom 4.0 7.0 15.2 14.3 6.6 30.8 3.2
Northampton, United Kingdom 3.9 10.1 12.4 9.9 8.0 28.3 3.5
Galway, Ireland 3.6 8.2 8.1 12.3 12.4 26.7 3.7
Derby, United Kingdom 3.5 6.4 6.4 15.7 15.7 26.1 3.8
Maastricht, Netherlands 3.4 8.3 7.5 12.1 13.3 23.2 4.3
Coventry, United Kingdom 3.4 9.7 10.5 10.3 9.5 27.0 3.7
Portsmouth, United Kingdom 3.0 13.1 15.1 7.6 6.6 19.9 5.0