Property Prices in Lübeck, Germany

Index
Price to Income Ratio:	7.07
Mortgage as Percentage of Income:	51.31%
Loan Affordability Index:	1.95
Price to Rent Ratio - City Centre:	20.47
Price to Rent Ratio - Outside of Centre:	23.68
Gross Rental Yield (City Centre):	4.89%
Gross Rental Yield (Outside of Centre):	4.22%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	690.00 €	520.00-800.00
Apartment (1 bedroom) Outside of Centre	683.33 €	600.00-800.00
Apartment (3 bedrooms) in City Centre	1,616.67 €	1,200.00-1,900.00
Apartment (3 bedrooms) Outside of Centre	1,400.00 €	1,000.00-1,700.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	325.16 €
Price per Square Feet to Buy Apartment Outside of Centre	348.38 €	325.16-371.61
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,563.02 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.98	3.95-4.00

These data are based on 29 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Hamburg	43.05 miles
Property Prices in Kiel	52.60 miles
Property Prices in Rostock	73.07 miles
Property Prices in Stade, Niedersachsen	87.79 miles
Property Prices in Bremen	112.77 miles
Property Prices in Gifhorn, Niedersachsen	129.30 miles
Property Prices in Hanover	135.64 miles
Property Prices in Braunschweig	160.67 miles
Property Prices in Potsdam	174.10 miles
Property Prices in Magdeburg	175.88 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	54,000.00
GDP Growth Rate:	1.81%
Population Growth Rate:	-0.12%