Europe: Property Prices Index by City 2014

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
Rome, Italy 24.1 2.6 3.7 38.4 27.0 194.1 0.5
Moscow, Russia 21.1 5.1 5.0 19.5 19.9 304.2 0.3
Split, Croatia 20.9 2.4 2.6 42.2 37.8 196.7 0.5
Lviv, Ukraine 19.3 4.1 4.9 24.3 20.4 320.2 0.3
Nizhny Novgorod, Russia 18.4 5.2 4.8 19.2 20.7 259.2 0.4
Pristina, Kosovo (Disputed Territory) 18.2 4.6 4.8 22.0 20.7 265.8 0.4
Belgrade, Serbia 18.0 2.9 3.5 35.0 28.9 169.4 0.6
Skopje, North Macedonia 17.6 3.8 3.8 26.4 26.6 181.2 0.6
Chisinau, Moldova 17.5 5.4 5.6 18.6 17.9 264.6 0.4
Milan, Italy 17.5 2.5 4.3 40.4 23.0 138.9 0.7
Florence, Italy 17.4 2.7 3.5 37.0 28.3 143.7 0.7
Kiev (Kyiv), Ukraine 17.0 6.1 6.9 16.4 14.5 312.5 0.3
Novosibirsk, Russia 16.7 5.9 5.5 17.1 18.2 213.3 0.5
Podgorica, Montenegro 16.5 3.6 4.0 27.6 24.7 191.0 0.5
Saint Petersburg, Russia 16.5 5.6 5.5 17.9 18.1 245.0 0.4
Tirana, Albania 16.4 3.5 4.7 28.5 21.3 161.0 0.6
Minsk, Belarus 16.0 5.0 5.2 20.0 19.3 547.5 0.2
Kharkiv, Ukraine 16.0 7.1 6.1 14.1 16.4 318.4 0.3
Nis, Serbia 16.0 2.9 2.5 34.8 40.1 173.1 0.6
Constanta, Romania 15.9 4.1 3.6 24.4 27.5 155.1 0.6
Paris, France 15.9 2.8 2.9 36.1 34.6 112.1 0.9
Perm, Russia 15.7 6.6 5.1 15.1 19.5 190.2 0.5
Novi Sad, Serbia 15.7 3.0 3.2 33.1 31.4 178.4 0.6
Brasov, Romania 15.0 5.0 5.2 20.0 19.3 131.1 0.8
London, United Kingdom 14.8 4.1 4.3 24.3 23.0 110.6 0.9
Timisoara, Romania 14.7 4.8 4.0 20.7 24.9 127.4 0.8
Vladivostok, Russia 14.6 7.0 5.9 14.3 17.1 219.3 0.5
Ufa, Russia 14.4 5.6 5.2 17.8 19.3 220.6 0.5
Heraklion, Greece 14.2 2.0 4.2 49.5 24.1 122.0 0.8
Bucharest, Romania 14.0 5.0 5.3 20.0 18.7 141.9 0.7
Sarajevo, Bosnia And Herzegovina 14.0 3.5 3.6 28.7 27.5 135.6 0.7
Iasi, Romania 13.9 4.7 4.5 21.2 22.3 147.6 0.7
Zagreb, Croatia 13.8 2.9 3.3 34.8 30.1 123.6 0.8
Vilnius, Lithuania 13.6 3.9 4.1 25.3 24.2 98.3 1.0
Krakow (Cracow), Poland 13.5 3.8 4.1 26.3 24.7 107.3 0.9
Riga, Latvia 13.5 3.8 5.8 26.4 17.3 97.6 1.0
Treviso, Italy 13.2 2.3 3.2 44.4 31.6 104.9 1.0
Madrid, Spain 13.1 3.8 4.6 26.2 21.7 92.1 1.1
Banja Luka, Bosnia And Herzegovina 13.1 3.2 3.1 31.1 32.3 136.2 0.7
Bristol, United Kingdom 13.0 2.7 3.9 37.6 25.7 103.0 1.0
Barcelona, Spain 13.0 3.6 4.3 27.6 23.2 89.2 1.1
Athens, Greece 12.9 3.8 3.4 26.4 29.3 103.9 1.0
Prague, Czech Republic 12.9 3.4 4.8 29.0 21.0 89.7 1.1
Perugia, Italy 12.8 2.0 2.7 49.5 37.1 103.6 1.0
Cluj-Napoca, Romania 12.7 4.4 4.3 22.7 23.3 109.5 0.9
Tallinn, Estonia 12.5 4.5 3.7 22.0 26.7 85.1 1.2
Yekaterinburg, Russia 12.5 6.4 6.3 15.5 16.0 179.7 0.6
Vienna, Austria 12.5 2.4 3.4 41.0 29.5 86.3 1.2
Sliema, Malta 12.5 1.8 3.2 55.4 31.0 96.5 1.0
Warsaw, Poland 12.5 4.0 4.6 25.1 21.9 107.1 0.9
Pisa, Italy 12.4 3.2 4.1 31.1 24.6 106.7 0.9
Vicenza, Italy 12.1 3.3 3.3 30.3 30.4 96.2 1.0
Valencia, Spain 12.1 2.7 3.5 37.3 28.2 86.8 1.2
Naples, Italy 12.1 2.9 3.8 34.1 26.4 100.1 1.0
Lublin, Poland 12.0 4.2 4.2 24.0 23.9 95.4 1.0
Chania, Greece 12.0 2.9 2.5 34.1 39.8 114.3 0.9
Ljubljana, Slovenia 11.9 3.9 4.0 25.8 25.2 93.5 1.1
Bordeaux, France 11.8 3.5 4.3 28.4 23.1 86.6 1.2
Zadar, Croatia 11.8 3.3 3.1 30.3 32.2 109.1 0.9
Venice, Italy 11.8 2.1 5.9 48.0 16.9 98.2 1.0
Odessa (Odesa), Ukraine 11.7 7.4 7.5 13.5 13.3 264.8 0.4
Thessaloniki, Greece 11.7 3.2 4.1 31.1 24.6 89.0 1.1
Olsztyn, Poland 11.6 3.8 4.9 26.1 20.3 116.9 0.9
Turin, Italy 11.6 3.1 3.2 32.3 31.2 92.9 1.1
Stockholm, Sweden 11.6 3.0 3.1 33.6 32.4 80.1 1.2
Patras, Greece 11.6 4.3 3.3 23.2 30.2 84.1 1.2
Kaliningrad, Russia 11.5 8.0 6.7 12.4 15.0 162.1 0.6
Rostov-na-donu, Russia 11.5 8.7 8.4 11.6 11.9 164.3 0.6
Dnipro, Ukraine 11.4 8.1 6.9 12.3 14.6 218.9 0.5
Rijeka, Croatia 11.3 3.1 3.3 32.8 30.6 100.2 1.0
Donetsk, Ukraine 11.3 6.6 7.7 15.1 13.0 273.0 0.4
Wroclaw, Poland 11.0 4.9 5.4 20.2 18.6 88.1 1.1
Munich, Germany 10.8 3.1 3.7 32.7 27.3 74.7 1.3
Oradea, Romania 10.8 4.1 4.8 24.1 21.0 133.2 0.8
Helsinki, Finland 10.7 3.6 4.1 27.5 24.4 66.4 1.5
Varna, Bulgaria 10.6 5.2 5.4 19.3 18.7 116.8 0.9
Poznan, Poland 10.6 4.8 4.9 20.9 20.5 90.7 1.1
Bratislava, Slovakia 10.6 5.1 5.3 19.6 18.9 81.5 1.2
Genoa, Italy 10.6 3.9 4.0 25.4 25.1 84.4 1.2
Leuven, Belgium 10.6 2.8 2.7 35.6 37.6 80.1 1.2
Bilbao, Spain 10.5 3.6 4.9 27.9 20.3 73.1 1.4
Padova, Italy 10.5 3.5 4.3 28.9 23.4 93.8 1.1
Szczecin, Poland 10.3 5.0 4.8 19.9 20.9 88.9 1.1
Tomsk, Russia 10.3 6.4 6.9 15.7 14.5 149.7 0.7
Lisbon, Portugal 10.2 5.5 6.1 18.2 16.3 75.0 1.3
Brno, Czech Republic 10.2 4.3 4.4 23.0 23.0 71.7 1.4
Bialystok, Poland 10.1 4.1 4.2 24.3 23.8 94.3 1.1
Bergamo, Italy 10.1 3.1 4.3 32.1 23.2 101.8 1.0
Lodz, Poland 10.1 5.6 5.1 17.8 19.6 85.3 1.2
Gdansk, Poland 10.0 4.3 5.4 23.1 18.4 76.9 1.3
Faro, Portugal 9.9 5.8 7.4 17.1 13.6 69.2 1.4
Bologna, Italy 9.9 3.7 4.9 26.9 20.2 73.8 1.4
Plovdiv, Bulgaria 9.8 6.1 4.4 16.4 22.6 117.9 0.8
Hamburg, Germany 9.8 3.1 4.1 32.1 24.5 60.1 1.7
Corunna, Spain 9.7 3.5 3.7 28.9 26.9 68.8 1.5
Samara, Russia 9.7 8.1 6.8 12.4 14.7 144.6 0.7
Budapest, Hungary 9.7 4.0 4.2 25.2 23.6 107.0 0.9
Sofia, Bulgaria 9.6 5.5 5.6 18.1 17.7 95.8 1.0
Braga, Portugal 9.6 4.3 5.4 23.3 18.6 80.1 1.2
Lille, France 9.5 3.1 4.5 32.7 22.3 71.9 1.4
Geneva, Switzerland 9.3 3.3 4.0 30.7 25.2 57.7 1.7
Kaunas, Lithuania 9.3 6.3 4.6 16.0 21.9 66.7 1.5
Marseille, France 9.3 4.0 4.7 25.0 21.3 70.4 1.4
Guildford, United Kingdom 9.2 4.5 4.3 22.1 23.3 61.0 1.6
Zaragoza (Saragossa), Spain 9.1 3.8 5.3 26.3 18.9 60.9 1.6
Tartu, Estonia 9.1 4.6 5.0 21.6 20.1 60.8 1.6
Lyon, France 9.1 3.4 3.6 29.4 27.9 63.3 1.6
Krasnodar, Russia 9.1 7.9 6.9 12.6 14.5 146.0 0.7
Bergen, Norway 9.0 3.4 4.1 29.0 24.5 64.9 1.5
Osijek, Croatia 9.0 3.6 3.2 27.9 31.0 73.9 1.4
Exeter, United Kingdom 8.8 5.9 5.5 16.8 18.2 65.3 1.5
Verona, Italy 8.7 3.1 4.2 32.4 24.0 66.4 1.5
Rzeszow, Poland 8.7 4.9 4.8 20.2 20.8 66.3 1.5
Southampton, United Kingdom 8.7 5.0 5.2 19.9 19.1 62.4 1.6
Zurich, Switzerland 8.7 3.4 3.3 29.4 30.0 52.7 1.9
Utrecht, Netherlands 8.7 4.8 5.2 20.8 19.1 66.1 1.5
Oslo, Norway 8.4 4.2 4.9 23.9 20.6 59.2 1.7
Debrecen, Hungary 8.4 3.2 3.6 31.6 27.7 69.0 1.4
Nice, France 8.3 3.7 4.2 26.9 23.8 60.6 1.6
Amsterdam, Netherlands 8.2 5.1 5.1 19.7 19.8 61.1 1.6
Olomouc, Czech Republic 8.1 3.7 4.9 27.3 20.5 56.8 1.8
Trieste, Italy 8.1 3.3 4.1 30.4 24.5 64.4 1.6
Grenoble, France 8.1 3.5 5.1 28.7 19.6 55.5 1.8
Kosice, Slovakia 8.1 7.2 6.8 13.9 14.6 60.2 1.7
Seville (Sevilla), Spain 8.0 4.7 5.8 21.4 17.2 58.3 1.7
Bydgoszcz, Poland 8.0 5.0 4.9 20.0 20.6 74.3 1.3
Udine, Italy 8.0 3.9 3.9 25.8 25.4 63.1 1.6
Maribor, Slovenia 7.8 4.4 4.5 22.9 22.3 67.3 1.5
Katowice, Poland 7.7 5.8 5.0 17.1 19.9 63.4 1.6
Porto, Portugal 7.6 5.9 6.2 17.1 16.0 56.2 1.8
Gothenburg, Sweden 7.5 3.1 2.9 32.2 34.1 46.2 2.2
Odense, Denmark 7.5 3.1 3.0 32.4 33.4 53.7 1.9
Stavanger, Norway 7.5 5.4 5.2 18.5 19.3 52.2 1.9
Toulouse, France 7.5 3.4 3.4 29.6 29.2 50.8 2.0
Oxford, United Kingdom 7.4 6.8 6.5 14.7 15.4 54.1 1.8
Lausanne, Switzerland 7.4 3.4 3.4 29.6 29.0 43.9 2.3
Tampere, Finland 7.2 4.1 4.8 24.6 20.9 49.3 2.0
Aberdeen, United Kingdom 7.2 4.5 5.1 22.2 19.5 52.3 1.9
Cardiff, United Kingdom 7.2 4.1 4.2 24.4 23.7 57.7 1.7
Eindhoven, Netherlands 7.1 4.5 4.4 22.2 22.5 55.8 1.8
Reykjavik, Iceland 7.1 7.9 7.6 12.6 13.2 71.3 1.4
Luxembourg, Luxembourg 7.1 4.7 4.7 21.2 21.2 44.0 2.3
Basel, Switzerland 7.1 3.5 3.2 28.3 31.7 42.0 2.4
Malaga, Spain 7.0 6.0 4.3 16.7 23.1 48.7 2.1
Lugano, Switzerland 7.0 3.4 3.6 29.8 27.4 40.0 2.5
Trondheim, Norway 6.9 4.9 5.0 20.5 20.1 48.7 2.1
Coimbra, Portugal 6.9 5.6 7.7 17.7 13.0 43.6 2.3
Reading, United Kingdom 6.8 6.2 6.0 16.2 16.6 50.6 2.0
Aveiro, Portugal 6.8 5.6 9.9 18.0 10.1 56.2 1.8
Nantes, France 6.8 3.8 4.3 26.2 23.5 49.7 2.0
Aarhus, Denmark 6.7 3.8 4.0 26.2 25.2 50.8 2.0
Edinburgh, United Kingdom 6.7 4.6 5.2 21.6 19.3 48.1 2.1
Cambridge, United Kingdom 6.6 5.1 5.4 19.5 18.6 46.6 2.1
Nottingham, United Kingdom 6.6 4.0 3.8 25.0 26.0 50.7 2.0
Dublin, Ireland 6.6 6.3 5.7 15.8 17.5 50.0 2.0
Copenhagen, Denmark 6.5 5.6 5.7 17.8 17.6 45.5 2.2
Strasbourg, France 6.5 3.3 3.8 30.1 26.4 45.5 2.2
Cork, Ireland 6.4 4.5 5.0 22.5 19.9 48.5 2.1
Stuttgart, Germany 6.4 4.0 3.8 24.8 26.2 50.3 2.0
Cologne, Germany 6.3 4.7 5.0 21.5 20.0 41.7 2.4
Alicante, Spain 6.2 6.7 7.7 15.0 13.1 44.1 2.3
Manchester, United Kingdom 6.2 7.9 8.0 12.6 12.5 47.3 2.1
Berlin, Germany 6.2 4.5 5.3 22.4 18.8 41.3 2.4
Brighton, United Kingdom 6.2 4.9 6.8 20.6 14.8 47.2 2.1
Gent, Belgium 6.2 5.1 6.5 19.6 15.5 43.3 2.3
Nuremberg, Germany 6.0 3.4 4.5 29.3 22.3 38.0 2.6
Brussels, Belgium 5.8 6.0 6.6 16.6 15.1 42.5 2.4
Aachen, Germany 5.8 4.2 4.3 24.1 23.5 35.4 2.8
Bonn, Germany 5.6 3.6 3.9 27.5 25.9 38.4 2.6
Oulu, Finland 5.6 4.4 4.8 22.5 20.7 32.1 3.1
The Hague (Den Haag), Netherlands 5.5 5.0 6.8 20.2 14.7 39.9 2.5
Limerick, Ireland 5.4 3.9 4.6 25.6 21.9 39.5 2.5
Bern, Switzerland 5.2 3.9 4.2 25.5 23.7 32.6 3.1
Frankfurt, Germany 5.1 4.0 4.6 25.0 21.5 33.2 3.0
Leiden, Netherlands 5.1 6.8 6.4 14.7 15.6 39.6 2.5
Sheffield, United Kingdom 5.0 7.2 3.7 13.8 27.2 36.4 2.8
Heidelberg, Germany 4.9 4.5 5.6 22.1 17.8 34.7 2.9
Leicester, United Kingdom 4.9 6.3 5.9 15.8 16.8 33.9 3.0
Aalborg, Denmark 4.8 5.5 4.4 18.3 22.6 30.7 3.3
Essen, Germany 4.8 5.4 2.7 18.5 36.7 32.1 3.1
Dusseldorf, Germany 4.8 5.3 5.4 19.0 18.6 33.2 3.0
Ostrava, Czech Republic 4.8 5.6 10.3 17.8 9.7 35.9 2.8
Turku, Finland 4.7 5.1 6.0 19.5 16.7 29.7 3.4
Karlsruhe, Germany 4.6 5.6 5.5 17.7 18.2 34.6 2.9
Dresden, Germany 4.4 6.8 7.1 14.8 14.1 30.1 3.3
Belfast, United Kingdom 4.4 7.1 6.5 14.1 15.5 33.5 3.0
Malmo, Sweden 4.3 5.8 10.0 17.3 10.0 29.3 3.4
Rotterdam, Netherlands 4.3 7.2 8.1 13.8 12.4 33.2 3.0
Lucerne, Switzerland 4.3 4.4 5.0 22.5 19.9 26.0 3.8
Groningen, Netherlands 4.1 6.6 8.0 15.2 12.5 30.4 3.3
Graz, Austria 4.1 5.3 9.4 18.9 10.6 26.1 3.8
Lund, Sweden 3.7 4.8 4.5 20.7 22.5 27.0 3.7
Antwerp, Belgium 3.7 8.9 9.5 11.2 10.6 26.4 3.8
Galway, Ireland 3.4 6.5 7.8 15.5 12.8 24.9 4.0
Leeds, United Kingdom 3.3 7.9 8.8 12.6 11.4 24.0 4.2
Birmingham, United Kingdom 3.2 9.8 9.4 10.2 10.7 25.2 4.0
Newcastle upon Tyne, United Kingdom 3.0 8.9 8.3 11.3 12.1 19.7 5.1
Portsmouth, United Kingdom 3.0 12.5 15.1 8.0 6.6 22.7 4.4
Coventry, United Kingdom 2.7 9.8 8.6 10.2 11.7 24.3 4.1