Rental Yields in Macedonia compared to Europe

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Click name of country for detailed information
Lithuania 7.81%
Ireland 7.38%
Poland 6.88%
Latvia 6.64%
Moldova 6.64%
Italy 6.26%
UK 6.21%
Romania 6.16%
Montenegro 5.80%
Turkey 5.63%
Spain 5.57%
Serbia 5.56%
Greece 5.41%
Macedonia 5.36%
Andorra 5.21%
Portugal 5.20%
Iceland 5.09%
Netherlands 4.90%
Hungary 4.90%
Bulgaria 4.74%
Albania 4.70%
Cyprus 4.70%
Estonia 4.65%
Slovak Rep. 4.63%
Sweden 4.63%
Malta 4.55%
Croatia 4.19%
Slovenia 4.17%
Finland 4.16%
Belgium 4.09%
France 3.97%
Bosnia & H. 3.96%
Czech Rep. 3.88%
Norway 3.62%
Denmark 3.28%
Austria 3.18%
Germany 3.12%
Switzerland 2.94%
Luxembourg 2.84%
Monaco 2.49%

Macedonia does not publish house price or rents statistics. General economics statistics for Macedonia are published by the Ministry of Finance.