Shows the buying price, price/rent ratio, rent per month (US$), and gross rental yield (%) for a 120 square metre apartment (in most locations – see mouse overs). For assumptions see below.
Filter table by region
In the table below, click the headers to sort the data. Click the country links for in-depth coverage. Mouseover or click the data for more information.
| Country/City |
Buying Price US $ per Sq. M. |
Price/Rent Ratio (x) |
Rent per Month ($ or €) |
Gross Rental Yield |
|---|---|---|---|---|
|
Andorra For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,615 | Price/Rent Ratio (x) 32x | Rent per Month ($) € 920 | Gross Rental Yield 3.16% |
|
Antigua For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,501 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Argentina, Buenos Aires For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,327 | Price/Rent Ratio (x) 22x | Rent per Month ($) $ 1,490 | Gross Rental Yield 4.48% |
|
Aruba, Bakval and Malmok et al For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,455 | Price/Rent Ratio (x) 14x | Rent per Month ($) $ 1,774 | Gross Rental Yield 7.32% |
|
Australia, Sydney For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 10,711 | Price/Rent Ratio (x) 40x | Rent per Month ($) $ 2,701 | Gross Rental Yield 2.52% |
|
Austria, Vienna For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 14,333 | Price/Rent Ratio (x) 51x | Rent per Month ($) € 1,986 | Gross Rental Yield 1.96% |
|
Bahamas For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,632 | Price/Rent Ratio (x) 12x | Rent per Month ($) $ 2,964 | Gross Rental Yield 8.16% |
|
Barbados, St James For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,739 | Price/Rent Ratio (x) 18x | Rent per Month ($) $ 2,501 | Gross Rental Yield 5.48% |
|
Belgium, Brussels For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,749 | Price/Rent Ratio (x) 21x | Rent per Month ($) € 1,471 | Gross Rental Yield 4.87% |
|
Belize, Ambergris Caye For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,322 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Bermuda For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 7,056 | Price/Rent Ratio (x) 21x | Rent per Month ($) $ 5,597 | Gross Rental Yield 4.76% |
|
Brazil, Sao Paolo For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 4,370 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
BVI, Tortola For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 6,469 | Price/Rent Ratio (x) 35x | Rent per Month ($) $ 3,071 | Gross Rental Yield 2.85% |
|
Bulgaria, Sophia For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,062 | Price/Rent Ratio (x) 20x | Rent per Month ($) € 851 | Gross Rental Yield 5.12% |
|
Cambodia, Phnom Phen For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,913 | Price/Rent Ratio (x) 19x | Rent per Month ($) $ 1,553 | Gross Rental Yield 5.33% |
|
Canada, Toronto For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 10,657 | Price/Rent Ratio (x) 25x | Rent per Month ($) $ 4,211 | Gross Rental Yield 3.95% |
|
Cape Verde, Praia For a 100 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,300 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Cayman Is., Grand Cayman For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 4,163 | Price/Rent Ratio (x) 14x | Rent per Month ($) $ 3,018 | Gross Rental Yield 7.25% |
|
Chile, Santiago For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,771 | Price/Rent Ratio (x) 23x | Rent per Month ($) $ 1,181 | Gross Rental Yield 4.26% |
|
China, Shanghai For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 11,829 | Price/Rent Ratio (x) 48x | Rent per Month ($) $ 2,479 | Gross Rental Yield 2.10% |
|
Colombia, Bogota For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,379 | Price/Rent Ratio (x) 15x | Rent per Month ($) $ 1,548 | Gross Rental Yield 6.51% |
|
Costa Rica, San Jose For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,938 | Price/Rent Ratio (x) 13x | Rent per Month ($) $ 1,450 | Gross Rental Yield 7.48% |
|
Croatia, Zagreb For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,453 | Price/Rent Ratio (x) 18x | Rent per Month ($) € 1,074 | Gross Rental Yield 5.43% |
|
Cyprus, Limassol For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,081 | Price/Rent Ratio (x) 21x | Rent per Month ($) € 796 | Gross Rental Yield 4.74% |
|
Czech Republic, Prague For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 8,066 | Price/Rent Ratio (x) 32x | Rent per Month ($) € 1,022 | Gross Rental Yield 3.14% |
|
Denmark, Copenhagen For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 5,306 | Price/Rent Ratio (x) 21x | Rent per Month ($) € 2,071 | Gross Rental Yield 4.84% |
|
Dom. Rep., Puerto Plata For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,078 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Ecuador, Quito For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,278 | Price/Rent Ratio (x) 12x | Rent per Month ($) $ 1,027 | Gross Rental Yield 8.04% |
|
Egypt, Cairo For a 150 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 831 | Price/Rent Ratio (x) 11x | Rent per Month ($) $ 977 | Gross Rental Yield 9.40% |
|
El Salvador, San Salvador For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,193 | Price/Rent Ratio (x) 12x | Rent per Month ($) $ 1,013 | Gross Rental Yield 8.49% |
|
Estonia, Tallinn For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,673 | Price/Rent Ratio (x) 15x | Rent per Month ($) € 1,432 | Gross Rental Yield 6.64% |
|
Finland, Helsinki For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 8,195 | Price/Rent Ratio (x) 24x | Rent per Month ($) € 2,718 | Gross Rental Yield 4.11% |
|
France, Paris For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 15,867 | Price/Rent Ratio (x) 36x | Rent per Month ($) € 3,564 | Gross Rental Yield 2.79% |
|
Germany, Berlin For a 90 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 7,325 | Price/Rent Ratio (x) 34x | Rent per Month ($) € 1,305 | Gross Rental Yield 2.95% |
|
Greece, Athens For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 4,488 | Price/Rent Ratio (x) 25x | Rent per Month ($) € 1,438 | Gross Rental Yield 3.97% |
|
Guadeloupe, Grande-Terre For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,925 | Price/Rent Ratio (x) 20x | Rent per Month ($) $ 1,445 | Gross Rental Yield 4.94% |
|
Hong Kong, Hong Kong Island For a 130 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 28,570 | Price/Rent Ratio (x) 43x | Rent per Month ($) $ 7,267 | Gross Rental Yield 2.35% |
|
Hungary, Budapest For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,119 | Price/Rent Ratio (x) 19x | Rent per Month ($) € 1,319 | Gross Rental Yield 5.24% |
|
India, Mumbai For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 10,932 | Price/Rent Ratio (x) 43x | Rent per Month ($) $ 2,537 | Gross Rental Yield 2.32% |
|
Indonesia, Jakarta For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,823 | Price/Rent Ratio (x) 14x | Rent per Month ($) $ 2,175 | Gross Rental Yield 7.40% |
|
Israel, Tel Aviv For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 17,149 | Price/Rent Ratio (x) 37x | Rent per Month ($) $ 4,591 | Gross Rental Yield 2.68% |
|
Italy, Rome For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 8,170 | Price/Rent Ratio (x) 26x | Rent per Month ($) € 2,584 | Gross Rental Yield 3.92% |
|
Jamaica, Kingston For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,404 | Price/Rent Ratio (x) 10x | Rent per Month ($) $ 1,369 | Gross Rental Yield 9.75% |
|
Japan, Tokyo For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 16,322 | Price/Rent Ratio (x) 38x | Rent per Month ($) $ 4,346 | Gross Rental Yield 2.66% |
|
Jordan, Amman For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,455 | Price/Rent Ratio (x) 11x | Rent per Month ($) $ 1,605 | Gross Rental Yield 8.82% |
|
Kenya, Nairobi For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,687 | Price/Rent Ratio (x) 15x | Rent per Month ($) $ 1,123 | Gross Rental Yield 6.66% |
|
Latvia, Riga For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,848 | Price/Rent Ratio (x) 26x | Rent per Month ($) € 874 | Gross Rental Yield 3.80% |
|
Lebanon, Beirut For a 150 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,693 | Price/Rent Ratio (x) 22x | Rent per Month ($) $ 2,082 | Gross Rental Yield 4.51% |
|
Lithuania, Vilnius For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,939 | Price/Rent Ratio (x) 21x | Rent per Month ($) € 1,111 | Gross Rental Yield 4.69% |
|
Luxembourg For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 5,710 | Price/Rent Ratio (x) 23x | Rent per Month ($) € 1,955 | Gross Rental Yield 4.40% |
|
Macedonia. Skopje For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,406 | Price/Rent Ratio (x) 20x | Rent per Month ($) € 565 | Gross Rental Yield 4.98% |
|
Malaysia, Kuala Lumpur For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,441 | Price/Rent Ratio (x) 27x | Rent per Month ($) $ 1,281 | Gross Rental Yield 3.72% |
|
Malta, Valleta For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 5,674 | Price/Rent Ratio (x) 30x | Rent per Month ($) € 1,540 | Gross Rental Yield 3.37% |
|
Martinique, Fort-de-France For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,979 | Price/Rent Ratio (x) 20x | Rent per Month ($) $ 1,524 | Gross Rental Yield 5.12% |
|
Mexico, Mexico City For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,852 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Moldova, Chisinau For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,197 | Price/Rent Ratio (x) 10x | Rent per Month ($) € 965 | Gross Rental Yield 10.00% |
|
Monaco For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 55,207 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Montenegro, Coastal Areas For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,736 | Price/Rent Ratio (x) 13x | Rent per Month ($) € 1,055 | Gross Rental Yield 7.53% |
|
Morocco, Marrakesh For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,549 | Price/Rent Ratio (x) 18x | Rent per Month ($) $ 854 | Gross Rental Yield 5.52% |
|
Netherlands, Amsterdam For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 8,558 | Price/Rent Ratio (x) 27x | Rent per Month ($) € 2,569 | Gross Rental Yield 3.72% |
|
Neth. Antilles, Bonaire For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,162 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
New Zealand, Auckland For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,438 | Price/Rent Ratio (x) 18x | Rent per Month ($) $ 1,885 | Gross Rental Yield 5.48% |
|
Nicaragua, Managua For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 893 | Price/Rent Ratio (x) 13x | Rent per Month ($) $ 1,146 | Gross Rental Yield 7.70% |
|
Norway, Oslo For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 10,268 | Price/Rent Ratio (x) 32x | Rent per Month ($) € 2,556 | Gross Rental Yield 3.09% |
|
Panama, Panama City For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,606 | Price/Rent Ratio (x) 17x | Rent per Month ($) $ 2,075 | Gross Rental Yield 5.75% |
|
Peru, Lima For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,692 | Price/Rent Ratio (x) 20x | Rent per Month ($) $ 1,055 | Gross Rental Yield 4.90% |
|
Philippines, Metro Manila For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,952 | Price/Rent Ratio (x) 16x | Rent per Month ($) $ 2,422 | Gross Rental Yield 6.13% |
|
Poland, Warsaw For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,463 | Price/Rent Ratio (x) 18x | Rent per Month ($) € 1,535 | Gross Rental Yield 5.50% |
|
Portugal, Lisbon For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 4,749 | Price/Rent Ratio (x) 18x | Rent per Month ($) € 1,578 | Gross Rental Yield 5.45% |
|
Puerto Rico, San Juan For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,007 | Price/Rent Ratio (x) 14x | Rent per Month ($) $ 717 | Gross Rental Yield 7.12% |
|
Romania, Bucharest For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,973 | Price/Rent Ratio (x) 16x | Rent per Month ($) € 966 | Gross Rental Yield 6.07% |
|
Russia, Moscow For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 14,714 | Price/Rent Ratio (x) 31x | Rent per Month ($) € 3,820 | Gross Rental Yield 3.22% |
|
Serbia For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,776 | Price/Rent Ratio (x) 23x | Rent per Month ($) € 994 | Gross Rental Yield 4.44% |
|
Singapore For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 13,748 | Price/Rent Ratio (x) 39x | Rent per Month ($) $ 3,498 | Gross Rental Yield 2.54% |
|
Slovakia, Bratislava For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,842 | Price/Rent Ratio (x) 22x | Rent per Month ($) € 1,384 | Gross Rental Yield 4.47% |
|
Slovenia, Ljubljana For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,623 | Price/Rent Ratio (x) 19x | Rent per Month ($) € 1,499 | Gross Rental Yield 5.13% |
|
South Africa, Cape Town For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 4,214 | Price/Rent Ratio (x) 26x | Rent per Month ($) $ 1,636 | Gross Rental Yield 3.88% |
|
Spain, Madrid For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 6,173 | Price/Rent Ratio (x) 25x | Rent per Month ($) € 1,991 | Gross Rental Yield 4.00% |
|
St. Kitts For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,496 | Price/Rent Ratio (x) 20x | Rent per Month ($) $ 1,712 | Gross Rental Yield 4.90% |
|
St Lucia For a 200 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 1,860 | Price/Rent Ratio (x) 28x | Rent per Month ($) $ 1,108 | Gross Rental Yield 3.57% |
|
Sweden, Stockholm For a sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 8,669 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Switzerland, Geneva For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 14,230 | Price/Rent Ratio (x) 30x | Rent per Month ($) € 3,827 | Gross Rental Yield 3.33% |
|
Taiwan, Taipei For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 10,373 | Price/Rent Ratio (x) 49x | Rent per Month ($) $ 2,142 | Gross Rental Yield 2.06% |
|
Tanzania, Dar es Salaam For a 100 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 700 | Price/Rent Ratio (x) 12x | Rent per Month ($) $ 500 | Gross Rental Yield 8.57% |
|
Thailand, Bangkok For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,952 | Price/Rent Ratio (x) 19x | Rent per Month ($) $ 2,029 | Gross Rental Yield 5.13% |
|
Trinidad For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,334 | Price/Rent Ratio (x) 15x | Rent per Month ($) $ 1,607 | Gross Rental Yield 6.88% |
|
Turkey, Istanbul For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 5,680 | Price/Rent Ratio (x) 52x | Rent per Month ($) € 887 | Gross Rental Yield 1.93% |
|
Turks and Caicos Is., Providenciales For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,884 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
|
Ukraine, Kiev For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,481 | Price/Rent Ratio (x) 11x | Rent per Month ($) € 2,550 | Gross Rental Yield 9.09% |
|
UAE, Dubai For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 5,918 | Price/Rent Ratio (x) 19x | Rent per Month ($) $ 3,070 | Gross Rental Yield 5.19% |
|
UK, London For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 29,676 | Price/Rent Ratio (x) 37x | Rent per Month ($) € 6,606 | Gross Rental Yield 2.71% |
|
US, New York For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 17,191 | Price/Rent Ratio (x) 34x | Rent per Month ($) $ 4,942 | Gross Rental Yield 2.91% |
|
Uruguay, Montevideo For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 2,598 | Price/Rent Ratio (x) 14x | Rent per Month ($) $ 1,865 | Gross Rental Yield 7.18% |
|
US VI, St. Croix For a 120 sq. m. property, usually an apartment.
|
Buying Price US $ per Sq. M. $ 3,235 | Price/Rent Ratio (x) n.a. | Rent per Month ($) n.a. | Gross Rental Yield n.a. |
Assumptions:
- The Buying Price per Square Metre, the Rent per Month (sq. m.), and the Gross Rental Yield are based on our yields research (see DATA FAQs). Figures are typically based on the average for a 120 square metre apartment (in most locations – see mouse overs). The apartments are typically in a prime inner city area, except in the Caribbean or Pacific.
- The Price/Rent Ratio indicates the years of rent which would be required to buy such an apartment.