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Macedonia: House Prices, Rents, and Rental Yields

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Last Updated: Jan 25, 2006

Yields are generally high in Skopje

Last Updated: Jan 25, 2006
SKOPJE - Apartments COST (€) YIELD (p.a.) PRICE/SQ.M. (€)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
35 sq. m. 30,000 250 10.00% 857 7.10
50 sq. m. 40,000 350 10.50% 800 7.00
75 sq. m. 59,250 500 10.13% 790 6.70
100 sq. m. 105,000 650 7.43% 1,050 6.50
130 sq. m. 153,000 900 7.06% 1,177 6.90
180 sq. m. 270,000 1,600 7.11% 1,500 8.90
SKOPJE - Houses
95 sq. m. 100,000 700 8.40% 1,053 7.40
120 sq. m. 130,000 1,000 9.23% 1,083 8.30
180 sq. m. 160,000 1,400 10.50% 889 7.80
200 sq. m. 180,000 1,500 10.00% 900 7.50
250 sq. m. 250,000 2,000 9.60% 1,000 8.00
300 sq. m. 300,000 2,500 10.00% 1,000 8.30
430 sq. m. 320,000 3,000 11.25% 744 7.00
Source: Global Property Guide

Apartments in central Skopje have yields ranging from 7% to 10.5%, while houses have slightly better yields, ranging from 8.4% to 11.25%.

Apartment prices range from €800 to €1,500 per sq. m.. Monthly rents, on the other hand, are around €250 for a small unit (35 sq. m.), and €1,600 for a big unit (180 sq. m.).

 

Macedonia - more data and information

Your Comments

posted by lambros skiadopoulos | 2007-01-31

athens greece

i would like to buy apartments and houses

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