Yields are low, max of 5%
March 31, 2018
|Last Updated: Mar 31, 2018|
|OSLO Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|45 sq. m.||352,890||1,357||4.62%||7,842||30.16|
|75 sq. m.||606,450||1,794||3.55%||8,086||23.92|
|120 sq. m.||979,440||2,556||3.13%||8,162||21.30|
|Oslo apartments ( price plus fellesgjeld)|
|45 sq. m.||361,980||1,357||4.50%||8,044||30.16|
|75 sq. m.||619,275||1,794||3.48%||8,257||23.92|
|120 sq. m.||993,720||2,556||3.09%||8,281||21.30|
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Districts researched: Bygdoy-Frogner, Grünerløkka - Sofienberg, St.Hanshaugen - Ullevål, The Sagene-Torshov, Uranienborg - Majorstuen
Source: Global Property Guide
Yields for properties in Oslo range from 3.6% to 5%. Properties in Bergen and Fjords areas have similar yields, at 3.9% - 4.2%.
Properties in Oslo can cost around €5,000 to €6,700 per sq. m., depending on the size of the property; monthly rents are around €750 to €2,400. Bergen and Fjords’ rental markets offer a cheaper alternative, with properties costing €2,200 to €3,500 per sq. m. and monthly rents ranging from €450 to €1,200.