Property Prices in Reggio Nell'emilia, Italy

Index Info
Price to Income Ratio: 5.17
Mortgage as Percentage of Income: 40.71%
Loan Affordability Index: 2.46
Price to Rent Ratio - City Centre: 11.63
Price to Rent Ratio - Outside of Centre: 15.74
Gross Rental Yield (City Centre): 8.60%
Gross Rental Yield (Outside of Centre): 6.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 733.33 € 700.00-800.00
Apartment (1 bedroom) Outside of Centre 483.33 € 350.00-600.00
Apartment (3 bedrooms) in City Centre 1,066.67 € 900.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 750.00 € 700.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 157.93 € 102.19-213.68
Price per Square Feet to Buy Apartment Outside of Centre 144.62 € 90.12-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,575.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.93 3.50-5.00

These data are based on 31 entries in the past 18 months from 9 different contributors.
Last update: January 2025

Sources and References
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