Property Prices in Heraklion, Greece

Index Info
Price to Income Ratio: 15.45
Mortgage as Percentage of Income: 116.50%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 32.57
Price to Rent Ratio - Outside of Centre: 31.17
Gross Rental Yield (City Centre): 3.07%
Gross Rental Yield (Outside of Centre): 3.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 441.67 € 400.00-500.00
Apartment (1 bedroom) Outside of Centre 363.33 € 300.00-450.00
Apartment (3 bedrooms) in City Centre 812.50 € 650.00-1,100.00
Apartment (3 bedrooms) Outside of Centre 735.71 € 600.00-900.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 294.50 € 278.71-371.61
Price per Square Feet to Buy Apartment Outside of Centre 242.47 € 185.80-343.74
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 935.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.42 4.30-5.00

These data are based on 87 entries in the past 18 months from 21 different contributors.
Last update: January 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far