Our analysis focuses on median rental returns from properties in key areas of each country. Typically, we examine apartments, unless local markets predominantly feature houses, maisonettes, or townhouses.

To provide an accurate snapshot of rental returns, we analyze data from 3 to 8 major cities in each country. These yields are based on current property prices and rental rates sourced from local real estate listings, ensuring the data reflects actual market conditions.

Our data is updated every 6-12 months to capture the latest trends and shifts in the market. For more detailed city rental yields, simply select the country you’re interested in.

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Last updated September, 2024
Country/City Gross Rental Yield
(% per annum)
Yield Rating
Argentina 4.64 % Moderate
Australia 4.98 % Moderate
Austria 3.59 % Poor
Belgium 4.20 % Poor
Brazil 5.62 % Moderate
Bulgaria 4.65 % Moderate
Canada 5.10 % Moderate
Chile 4.71 % Moderate
Colombia 7.24 % Very Good
Costa Rica 7.28 % Very Good
Croatia 4.78 % Moderate
Cyprus 4.57 % Moderate
Czech Republic 3.58 % Poor
Denmark 3.99 % Poor
Dominican Republic 6.74 % Good
Egypt 5.90 % Good
Estonia 4.51 % Moderate
Finland 5.06 % Moderate
France 4.52 % Moderate
Georgia 7.92 % Very Good
Germany 3.67 % Poor
Greece 4.82 % Moderate
Hong Kong 3.52 % Poor
Hungary 5.75 % Moderate
Iceland 5.50 % Moderate
India 4.98 % Moderate
Indonesia 5.68 % Moderate
Ireland 8.10 % Very Good
Israel 2.53 % Very Poor
Italy 7.04 % Very Good
Japan 4.33 % Poor
Latvia 8.06 % Very Good
Lithuania 6.44 % Good
Luxembourg 2.67 % Very Poor
Malaysia 5.24 % Moderate
Malta 3.66 % Poor
Mexico 5.71 % Moderate
Montenegro 5.61 % Moderate
Morocco 6.61 % Good
Netherlands 6.01 % Good
New Zealand 4.29 % Poor
Norway 4.19 % Poor
Panama 6.42 % Good
Peru 5.72 % Moderate
Philippines 5.36 % Moderate
Poland 5.75 % Moderate
Portugal 5.47 % Moderate
Puerto Rico 7.05 % Very Good
Qatar 5.61 % Moderate
Romania 6.46 % Good
Singapore 4.35 % Poor
Slovak Republic 5.29 % Moderate
Slovenia 4.45 % Poor
South Africa 10.15 % Very Good
Spain 5.93 % Good
Sweden 5.78 % Good
Switzerland 3.05 % Poor
Taiwan 2.15 % Very Poor
Thailand 6.27 % Good
Tunisia 5.24 % Moderate
Turkey 7.13 % Very Good
United Arab Emirates 5.27 % Moderate
United Kingdom 7.03 % Very Good
United States 6.10 % Good
Uruguay 6.54 % Good
Vietnam 3.84 % Poor

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How We Calculate Gross Median Rental Yield:

To calculate the gross median rental yield, we follow these steps:

Data Collection: We gather data on property prices and rental rates from local real estate listings in 3 to 8 major cities within each country. This data is typically for apartments unless houses, townhouses, or maisonettes dominate the market.

Median Property Price: We determine the median property price for rental properties in each city. The median represents the midpoint, meaning half the properties are priced higher, and half are priced lower, giving a balanced view that reduces the impact of extreme values.

Median Rental Rate: Similarly, we calculate the median monthly rental rate for the same types of properties in those cities. This rate also represents the middle value, ensuring the data reflects typical market conditions.

Annual Rental Income: To estimate the annual rental income, we multiply the median monthly rental rate by 12 (the number of months in a year).

Gross Rental Yield Calculation:

Gross Rental Yield=(Median Property Price/Annual Rental Income)×100

This gives the gross rental yield as a percentage of the property price, reflecting the return an investor can expect before expenses like taxes, maintenance, or management fees.