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.

Last updated February, 2024
Luxembourg 37 yrs
Switzerland 33 yrs
Austria 28 yrs
Malta 27 yrs
Germany 27 yrs
Norway 26 yrs
Czech Rep. 25 yrs
Denmark 24 yrs
Belgium 24 yrs
Finland 24 yrs
Slovenia 22 yrs
Estonia 22 yrs
Bulgaria 22 yrs
France 22 yrs
Croatia 22 yrs
Greece 21 yrs
Cyprus 20 yrs
Iceland 20 yrs
Slovak Rep. 19 yrs
Netherlands 18 yrs
Portugal 18 yrs
Sweden 18 yrs
Poland 17 yrs
Hungary 17 yrs
Montenegro 17 yrs
Spain 16 yrs
UK 16 yrs
Turkey 16 yrs
Lithuania 16 yrs
Romania 15 yrs
Italy 14 yrs
Ireland 13 yrs
Latvia 12 yrs
*n.a. means there is not enough data to show a valid result