Property Prices in Addis Ababa, Ethiopia
| Index |  |
|---|---|
| Price to Income Ratio: | 47.09 |
| Mortgage as Percentage of Income: | 786.13% |
| Loan Affordability Index: | 0.13 |
| Price to Rent Ratio - City Centre: | 14.82 |
| Price to Rent Ratio - Outside of Centre: | 20.40 |
| Gross Rental Yield (City Centre): | 6.75% |
| Gross Rental Yield (Outside of Centre): | 4.90% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 581.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 316.00 $ | |
| Apartment (3 bedrooms) in City Centre | 1,461.17 $ | |
| Apartment (3 bedrooms) Outside of Centre | 729.55 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 205.76 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 147.32 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 201.78 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.00 |
These data are based on 112 entries in the past 18 months from 17 different contributors.
Last update: April 2024
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