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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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