|Last Updated: Sep. 03, 2011|
|SKOPJE - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||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.
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