Property Prices in Novara, Italy

Index
Price to Income Ratio:	6.18
Mortgage as Percentage of Income:	47.29%
Loan Affordability Index:	2.11
Price to Rent Ratio - City Centre:	20.69
Price to Rent Ratio - Outside of Centre:	20.00
Gross Rental Yield (City Centre):	4.83%
Gross Rental Yield (Outside of Centre):	5.00%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	575.00 €	500.00-650.00
Apartment (1 bedroom) Outside of Centre	390.00 €	300.00-480.00
Apartment (3 bedrooms) in City Centre	950.00 €
Apartment (3 bedrooms) Outside of Centre	700.00 €
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	157.93 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,700.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.60	4.00-4.90

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

Sources and References

Nearby cities:

Property Prices in Vercelli	14.64 miles
Property Prices in Milan	32.24 miles
Property Prices in Monza	36.99 miles
Property Prices in Agrate Brianza	40.29 miles
Property Prices in Montalto Dora	46.28 miles
Property Prices in Alessandria	46.37 miles
Property Prices in Cantù	47.98 miles
Property Prices in Como	48.19 miles
Property Prices in Pavia	52.51 miles
Property Prices in Varese	52.95 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	44,300.00
GDP Growth Rate:	3.72%
Population Growth Rate:	-0.11%