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.

Ireland 12 yrs
Montenegro 13 yrs
Romania 15 yrs
Italy 16 yrs
Spain 16 yrs
Poland 18 yrs
Portugal 18 yrs
Turkey 18 yrs
Lithuania 19 yrs
Slovak Rep. 19 yrs
Hungary 19 yrs
Greece 19 yrs
Netherlands 19 yrs
North Macedonia 20 yrs
Cyprus 20 yrs
Denmark 21 yrs
Estonia 21 yrs
Croatia 22 yrs
Belgium 22 yrs
Bulgaria 22 yrs
Slovenia 23 yrs
Latvia 25 yrs
Norway 26 yrs
Austria 27 yrs
Malta 30 yrs
Finland 30 yrs
Germany 30 yrs
Czech Rep. 32 yrs
Switzerland 32 yrs
France 36 yrs
Luxembourg 39 yrs
*n.a. means there is not enough data to show a valid result