As of June 2023, here are some key details about the real estate market in Maribor, Slovenia:
The Price to Income Ratio is 7.52. This ratio is a basic measure for comparing the affordability of housing across different cities. The lower the ratio, the more affordable the housing is.
The Mortgage as Percentage of Income is 50.31%. This is the percentage of monthly income that is spent on mortgage payments.
The Loan Affordability Index is 1.99. This index measures the price of houses relative to the annual income. The higher the index, the more affordable the housing is.
The Price to Rent Ratio for the city centre is 24.25 and for outside of the centre is 23.70. This ratio is a measure of the affordability of renting versus buying. The lower the ratio, the more affordable it is to buy compared to rent.
The Gross Rental Yield for the city centre is 4.12% and for outside of the centre is 4.22%. This is the total yearly gross rent divided by the house price expressed in percentage.
The price per square foot to buy an apartment in the city centre is €203.22, and outside of the centre is €169.88.
The average monthly net salary (after tax) is €1,335.71.
The mortgage interest rate in percentages (%), yearly, for 20 years fixed-rate is 3.06%.
Please note that these figures are averages and actual prices can vary. It’s always a good idea to do your own research or consult with a real estate professional when considering buying property.