Southern Europe: Property Prices Index by City 2023

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Lisbon, Portugal 19.6 4.7 5.4 21.1 18.6 123.3 0.8
Belgrade, Serbia 19.6 4.4 4.7 22.7 21.3 146.0 0.7
Dubrovnik, Croatia 19.3 2.5 2.5 40.4 39.4 138.3 0.7
Milan, Italy 19.0 3.3 4.3 30.0 23.4 112.7 0.9
Tirana, Albania 17.5 4.4 5.4 22.7 18.4 134.1 0.7
Zadar, Croatia 17.4 3.4 3.2 29.5 30.9 126.6 0.8
Novi Sad, Serbia 16.8 3.8 3.8 26.7 26.6 119.7 0.8
Rome, Italy 16.2 3.7 4.7 27.3 21.5 99.3 1.0
Split, Croatia 15.7 2.8 2.7 35.7 37.4 102.1 1.0
Skopje, North Macedonia 15.3 3.5 3.4 28.3 29.1 116.3 0.9
Florence, Italy 15.2 3.5 3.9 28.3 25.4 90.1 1.1
Pristina, Kosovo (Disputed Territory) 15.0 3.9 5.7 25.5 17.6 112.6 0.9
Ljubljana, Slovenia 14.4 3.4 3.6 29.6 28.0 88.1 1.1
Zagreb, Croatia 14.2 3.2 3.5 30.8 29.0 97.3 1.0
Nis, Serbia 14.2 3.1 3.1 32.7 31.9 98.5 1.0
Tuzla, Bosnia And Herzegovina 13.7 2.7 2.9 36.8 34.8 92.6 1.1
Banja Luka, Bosnia And Herzegovina 13.6 3.3 3.1 30.4 32.6 105.9 0.9
Athens, Greece 13.5 4.3 4.0 23.5 24.8 99.5 1.0
Porto, Portugal 13.4 5.1 6.3 19.8 15.9 83.6 1.2
Podgorica, Montenegro 12.0 4.5 4.4 22.3 22.9 103.0 1.0
Rijeka, Croatia 11.9 3.8 4.2 26.5 23.9 83.8 1.2
Sarajevo, Bosnia And Herzegovina 11.8 2.7 3.1 36.4 32.4 80.9 1.2
Thessaloniki, Greece 11.7 4.2 4.6 23.9 21.9 85.6 1.2
Madrid, Spain 11.2 4.0 4.5 25.1 22.3 69.8 1.4
Coimbra, Portugal 10.8 4.6 5.6 21.5 17.9 67.6 1.5
Bolzano-Bozen, Italy 10.8 3.1 3.3 32.3 30.0 60.7 1.6
Barcelona, Spain 10.7 4.5 5.5 22.4 18.1 65.5 1.5
Bologna, Italy 10.6 4.2 4.6 23.8 21.9 64.4 1.6
Osijek, Croatia 9.3 4.3 3.5 23.3 28.8 66.7 1.5
Seville (Sevilla), Spain 8.4 4.1 5.1 24.6 19.5 54.2 1.8
Malaga, Spain 8.4 4.4 5.5 22.5 18.2 51.5 1.9
Turin, Italy 8.2 4.1 5.4 24.5 18.7 48.4 2.1
Valencia, Spain 8.1 5.5 7.0 18.3 14.3 51.0 2.0
Maribor, Slovenia 6.9 4.8 4.8 21.0 20.8 46.4 2.2