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Sep 03, 2011

Macedonia: yields are moderate to good

			Last Updated: Sep. 03, 2011
SKOPJE - Apartments	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
SKOPJE - Apartments	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
45 sq. m.	59,985	267	5.35%	1,333	5.94
70 sq. m.	89,810	394	5.27%	1,283	5.63
90 sq. m.	113,220	571	6.05%	1,258	6.34
120 sq. m.	147,840	787	6.39%	1,232	6.56
SKOPJE - Houses
120 sq. m.	191,520	752	4.71%	1,596	6.27
175 sq. m.	246,400	1,160	5.65%	1,408	6.63
250 sq. m.	328,500	1,748	6.38%	1,314	6.99
400 sq. m.	459,200	2,560	6.69%	1,148	6.40
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Buying prices of apartments in Skopje, Macedonia, remain very reasonably price at around 1,100 Euros per square metre.

Due to moderate price rises since 2005 (all our figures are stated in Euro terms), there have been slight declines in yields. Gross rental yields in Skopje are now moderate to good, with most apartments yielding around 7.4% to 8.0%. Houses have better rental yields, at 8.3%

No large price declines or dramatic swings in rents have taken place over the past year. The situation seems stable.

Macedonia - more data and information

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