This ratio, calculated by dividing average house price by yearly rent, evaluates real estate valuation, indicating years needed to recover investment. Ideal values are up to 20, with lower numbers suggesting better investment opportunities. Note, this excludes taxes and other purchase or rental costs.

Click countries for city-specific rental yields.

Austria 30 yrs
Belgium 24 yrs
Bulgaria 22 yrs
Croatia 22 yrs
Cyprus 20 yrs
Czech Rep. 25 yrs
Denmark 24 yrs
Estonia 21 yrs
Finland 24 yrs
France 22 yrs
Germany 27 yrs
Greece 19 yrs
Hungary 20 yrs
Iceland 20 yrs
Ireland 13 yrs
Italy 13 yrs
Latvia 13 yrs
Lithuania 15 yrs
Luxembourg 39 yrs
Malta 27 yrs
Montenegro 17 yrs
Netherlands 18 yrs
North Macedonia 17 yrs
Norway 23 yrs
Poland 17 yrs
Portugal 18 yrs
Romania 16 yrs
Slovak Rep. 19 yrs
Slovenia 22 yrs
Spain 16 yrs
Sweden 18 yrs
Switzerland 33 yrs
Turkey 16 yrs
*n.a. means there is not enough data to show a valid result