Property Prices in North Macedonia

Index Info
Price to Income Ratio: 13.47
Mortgage as Percentage of Income: 108.08%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 29.30
Price to Rent Ratio - Outside of Centre: 28.90
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 16,336.54 ден 10,000.00-24,620.75
Apartment (1 bedroom) Outside of Centre 12,628.00 ден 8,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 27,155.48 ден 18,000.00-43,086.32
Apartment (3 bedrooms) Outside of Centre 19,759.07 ден 14,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,368.32 ден 5,778.78-12,077.29
Price per Square Feet to Buy Apartment Outside of Centre 6,962.78 ден 5,016.72-9,149.29
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32,636.10 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 3.50-7.50

These data are based on 518 entries in the past 18 months from 96 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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