Property Prices in Heraklion, Greece

Index Info
Price to Income Ratio: 15.53
Mortgage as Percentage of Income: 117.03%
Loan Affordability Index: 0.85
Price to Rent Ratio - City Centre: 33.88
Price to Rent Ratio - Outside of Centre: 30.68
Gross Rental Yield (City Centre): 2.95%
Gross Rental Yield (Outside of Centre): 3.26%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 450.00 € 400.00-500.00
Apartment (1 bedroom) Outside of Centre 362.00 € 300.00-450.00
Apartment (3 bedrooms) in City Centre 800.00 € 650.00-1,100.00
Apartment (3 bedrooms) Outside of Centre 712.50 € 550.00-900.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 307.35 € 278.71-371.61
Price per Square Feet to Buy Apartment Outside of Centre 234.58 € 185.80-278.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 939.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.42 4.30-5.00

These data are based on 94 entries in the past 18 months from 22 different contributors.
Last update: February 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