Property Prices in Namibia

Index Info
Price to Income Ratio: 3.79
Mortgage as Percentage of Income: 45.42%
Loan Affordability Index: 2.20
Price to Rent Ratio - City Centre: 7.19
Price to Rent Ratio - Outside of Centre: 7.35
Gross Rental Yield (City Centre): 13.91%
Gross Rental Yield (Outside of Centre): 13.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,320.00 N$ 4,500.00-8,000.00
Apartment (1 bedroom) Outside of Centre 4,896.70 N$ 3,500.00-7,400.00
Apartment (3 bedrooms) in City Centre 15,730.77 N$ 9,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 12,291.67 N$ 7,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,079.60 N$ 789.67-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 859.35 N$ 557.41-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,775.41 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.52 9.00-12.00

These data are based on 107 entries in the past 18 months from 22 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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