Property Prices in Tetovo, North Macedonia

Index Info
Price to Income Ratio: 5.42
Mortgage as Percentage of Income: 39.38%
Loan Affordability Index: 2.54
Price to Rent Ratio - City Centre: 18.53
Price to Rent Ratio - Outside of Centre: 19.67
Gross Rental Yield (City Centre): 5.40%
Gross Rental Yield (Outside of Centre): 5.08%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 16,500.00 ден 15,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre 13,500.00 ден 12,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 28,000.00 ден 24,000.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 22,500.00 ден 20,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,038.65 ден 5,574.14-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre 5,202.53 ден 4,645.11-5,759.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 55,858.50 ден
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00

These data are based on 15 entries in the past 18 months from 2 different contributors.
Last update: October 2024

Sources and References
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