Property Prices in Kumanovo, North Macedonia

Index Info
Price to Income Ratio: 13.44
Mortgage as Percentage of Income: 97.71%
Loan Affordability Index: 1.02
Price to Rent Ratio - City Centre: 27.38
Price to Rent Ratio - Outside of Centre: 36.43
Gross Rental Yield (City Centre): 3.65%
Gross Rental Yield (Outside of Centre): 2.75%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,700.52 ден 12,000.00-15,401.03
Apartment (1 bedroom) Outside of Centre 11,160.41 ден 10,000.00-12,320.83
Apartment (3 bedrooms) in City Centre 18,000.00 ден
Apartment (3 bedrooms) Outside of Centre 15,000.00 ден
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,680.01 ден 6,295.48-13,935.34
Price per Square Feet to Buy Apartment Outside of Centre 7,301.39 ден 5,150.85-11,148.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 28,000.00 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00

These data are based on 22 entries in the past 18 months from 6 different contributors.
Last update: October 2024

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