Property Prices in Hamrun, Malta

Index
Price to Income Ratio:	10.53
Mortgage as Percentage of Income:	68.17%
Loan Affordability Index:	1.47
Price to Rent Ratio - City Centre:	15.17
Price to Rent Ratio - Outside of Centre:	13.22
Gross Rental Yield (City Centre):	6.59%
Gross Rental Yield (Outside of Centre):	7.56%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	600.00 €	500.00-700.00
Apartment (1 bedroom) Outside of Centre	550.00 €	450.00-650.00
Apartment (3 bedrooms) in City Centre	1,400.00 €	1,300.00-1,500.00
Apartment (3 bedrooms) Outside of Centre	1,216.67 €	1,000.00-1,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	209.03 €	185.80-232.26
Price per Square Feet to Buy Apartment Outside of Centre	162.58 €	139.35-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	950.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.70

These data are based on 15 entries in the past 18 months from 3 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Marsa	0.54 miles
Property Prices in Qormi	0.85 miles
Property Prices in Floriana	1.26 miles
Property Prices in Is-Swatar	1.76 miles
Property Prices in Valletta	1.94 miles
Property Prices in Birkirkara	2.01 miles
Property Prices in Msida	2.26 miles
Property Prices in San Gwann	2.69 miles
Property Prices in Lija	2.88 miles
Property Prices in Gzira	2.92 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	48,600.00
GDP Growth Rate:	6.92%
Population Growth Rate:	0.59%