Norway: House Prices, Rents, and Rental Yields
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Last Updated: Jun 13, 2006
Yields are low, max of 5
| Last Updated: Jun 13, 2006 | |||||
| OSLO | COST () | YIELD (p.a.) | PRICE/SQ.M. () | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 30 sq. m. | 200,000 | 750 | 4.50% | 6,667 | 25.00 |
| 50 sq. m. | 300,000 | 1,100 | 4.40% | 6,000 | 22.00 |
| 80 sq. m. | 430,000 | 1,600 | 4.47% | 5,375 | 20.00 |
| 100 sq. m. | 490,000 | 2,000 | 4.90% | 4,900 | 20.00 |
| 150 sq. m. | 800,000 | 2,400 | 3.60% | 5,333 | 16.00 |
| BERGEN & the FJORDS Areas | |||||
| 40 sq. m. | 140,000 | 450 | 3.86% | 3,500 | 11.30 |
| 70 sq. m. | 200,000 | 650 | 3.90% | 2,857 | 9.30 |
| 150 sq. m. | 340,000 | 1,200 | 4.24% | 2,267 | 8.00 |
| Source: Global Property Guide | |||||
Yields for properties in Oslo range from 3.6% to 5%. Properties in Bergen and Fjords areas have similar yields, at 3.9% - 4.2%.
Properties in Oslo can cost around 5,000 to 6,700 per sq. m., depending on the size of the property; monthly rents are around 750 to 2,400. Bergen and Fjords rental markets offer a cheaper alternative, with properties costing 2,200 to 3,500 per sq. m. and monthly rents ranging from 450 to 1,200.
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