Property Prices in Kiel, Germany

Index Info
Price to Income Ratio: 7.56
Mortgage as Percentage of Income: 54.82%
Loan Affordability Index: 1.82
Price to Rent Ratio - City Centre: 32.25
Price to Rent Ratio - Outside of Centre: 21.10
Gross Rental Yield (City Centre): 3.10%
Gross Rental Yield (Outside of Centre): 4.74%
Rent Per Month
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Apartment (1 bedroom) in City Centre 562.50 € 500.00-600.00
Apartment (1 bedroom) Outside of Centre 487.50 € 400.00-620.00
Apartment (3 bedrooms) in City Centre 1,400.00 € 1,200.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,100.00 € 900.00-1,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 431.07 € 334.45-455.22
Price per Square Feet to Buy Apartment Outside of Centre 232.26 € 232.26-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,360.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 3.50-4.00

These data are based on 46 entries in the past 18 months from 7 different contributors.
Last update: December 2024

Sources and References
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