Property Prices in Tetovo, North Macedonia

Index
Price to Income Ratio:	5.40
Mortgage as Percentage of Income:	38.45%
Loan Affordability Index:	2.60
Price to Rent Ratio - City Centre:	16.56
Price to Rent Ratio - Outside of Centre:	18.44
Gross Rental Yield (City Centre):	6.04%
Gross Rental Yield (Outside of Centre):	5.42%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	19,333.33 ден	15,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre	15,000.00 ден	12,000.00-18,000.00
Apartment (3 bedrooms) in City Centre	32,000.00 ден	24,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre	26,666.67 ден	20,000.00-35,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	6,255.42 ден	5,574.14-6,688.96
Price per Square Feet to Buy Apartment Outside of Centre	5,574.14 ден	4,645.11-6,317.35
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	58,905.67 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.75	3.50-4.00

These data are based on 24 entries in the past 18 months from 4 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Brvenica	4.64 miles
Property Prices in Kamenjane	5.76 miles
Property Prices in Tearce	7.12 miles
Property Prices in Gostivar	15.98 miles
Property Prices in Skopje	33.05 miles
Property Prices in Ilinden	39.71 miles
Property Prices in Kicevo	43.76 miles
Property Prices in Studenicani	48.80 miles
Property Prices in Lipkovo	49.11 miles
Property Prices in Kumanovo	56.46 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	17,100.00
GDP Growth Rate:	2.15%
Population Growth Rate:	0.11%