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.

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