Property Prices in Magdeburg, Germany

Index
Price to Income Ratio:	?
Mortgage as Percentage of Income:	?
Loan Affordability Index:	?
Price to Rent Ratio - City Centre:	14.67
Price to Rent Ratio - Outside of Centre:	?
Gross Rental Yield (City Centre):	6.82%
Gross Rental Yield (Outside of Centre):	?

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	526.25 €	400.00-800.00
Apartment (1 bedroom) Outside of Centre	357.50 €	280.00-600.00
Apartment (3 bedrooms) in City Centre	1,466.67 €	900.00-2,000.00
Apartment (3 bedrooms) Outside of Centre	897.50 €	690.00-1,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	195.09 €
Price per Square Feet to Buy Apartment Outside of Centre	?
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,475.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.96	3.00-4.00

These data are based on 34 entries in the past 18 months from 6 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Wolfsburg	54.54 miles
Property Prices in Halle	57.10 miles
Property Prices in Braunschweig	57.41 miles
Property Prices in Brunswick	57.41 miles
Property Prices in Gifhorn, Niedersachsen	67.06 miles
Property Prices in Jessen (Elster)	68.38 miles
Property Prices in Salzgitter	70.72 miles
Property Prices in Potsdam	77.44 miles
Property Prices in Leipzig	80.13 miles
Property Prices in Hildesheim	88.13 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%