Property Prices in Kotka, Finland

Index
Price to Income Ratio:	5.88
Mortgage as Percentage of Income:	38.91%
Loan Affordability Index:	2.57
Price to Rent Ratio - City Centre:	16.72
Price to Rent Ratio - Outside of Centre:	13.75
Gross Rental Yield (City Centre):	5.98%
Gross Rental Yield (Outside of Centre):	7.27%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	655.00 €	610.00-700.00
Apartment (1 bedroom) Outside of Centre	500.00 €
Apartment (3 bedrooms) in City Centre	1,300.00 €
Apartment (3 bedrooms) Outside of Centre	900.00 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	232.26 €
Price per Square Feet to Buy Apartment Outside of Centre	139.35 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,700.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.93	2.00-3.80

These data are based on 12 entries in the past 18 months from 3 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

Property Prices in Kouvola	35.52 miles
Property Prices in Virolahti	36.50 miles
Property Prices in Porvoo	51.95 miles
Property Prices in Lappeenranta	68.94 miles
Property Prices in Kerava	74.77 miles
Property Prices in Lahti	75.01 miles
Property Prices in Tuusula	77.25 miles
Property Prices in Vantaa	78.88 miles
Property Prices in Jarvenpaa	80.89 miles
Property Prices in Helsinki	83.07 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	49,400.00
GDP Growth Rate:	1.60%
Population Growth Rate:	0.22%