Our focus is on the median returns from properties in select areas of each country. These properties are usually apartments, unless in areas where apartments are scarce and the market predominantly features houses, maisonettes or townhouses.

For our analysis, we typically examine 3 to 8 cities in each country to determine the average gross yield nationwide.

For more detailed information on yields, please select the desired country.

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Country/City Gross Rental Yield
(% per annum)
Yield Rating
Argentina 5.92 % Good
Austria 3.28 % Poor
Belgium 4.20 % Poor
Brazil 6.24 % Good
Bulgaria 4.56 % Moderate
Chile 4.73 % Moderate
Colombia 7.70 % Very Good
Croatia 4.59 % Moderate
Cyprus 4.93 % Moderate
Czech Republic 3.95 % Poor
Denmark 4.16 % Poor
Egypt 5.90 % Good
Estonia 4.74 % Moderate
Finland 4.24 % Poor
France 4.56 % Moderate
Georgia 7.85 % Very Good
Germany 3.74 % Poor
Greece 5.22 % Moderate
Hong Kong 3.39 % Poor
Hungary 5.09 % Moderate
Iceland 5.09 % Moderate
India 4.54 % Moderate
Indonesia 5.68 % Moderate
Ireland 7.85 % Very Good
Israel 2.83 % Very Poor
Italy 7.67 % Very Good
Japan 4.36 % Poor
Latvia 7.81 % Very Good
Lithuania 6.67 % Good
Luxembourg 2.59 % Very Poor
Malaysia 5.16 % Moderate
Malta 3.66 % Poor
Mexico 5.92 % Good
Montenegro 5.95 % Good
Morocco 4.41 % Poor
Netherlands 5.56 % Moderate
North Macedonia 6.00 % Good
Norway 4.28 % Poor
Peru 5.72 % Moderate
Philippines 5.19 % Moderate
Poland 5.75 % Moderate
Portugal 5.65 % Moderate
Puerto Rico 8.42 % Very Good
Qatar 5.50 % Moderate
Romania 6.16 % Good
Singapore 4.63 % Moderate
Slovak Republic 5.29 % Moderate
Slovenia 4.45 % Poor
South Africa 9.95 % Very Good
Spain 6.17 % Good
Sweden 5.68 % Moderate
Switzerland 3.05 % Poor
Taiwan 2.18 % Very Poor
Thailand 5.79 % Good
Tunisia 5.33 % Moderate
Turkey 6.36 % Good
United Arab Emirates 5.16 % Moderate
Uruguay 5.92 % Good
Vietnam 4.04 % Poor

When you are buying to let, you'll want to know the rental yield – i.e., the return on your investment – which is the percentage return on the money spent.

So, if you bought for $1 million and earned a rent of $3,000 per month, your gross rental yield would be $3,000 x 12 / $1 million = 3.6%. This yield is not particularly favorable; we would consider it to be poor.