Property Prices in Somalia

Index Info
Price to Income Ratio: 363.28
Mortgage as Percentage of Income: 3,848.97%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 556.84
Price to Rent Ratio - Outside of Centre: 1,496.61
Gross Rental Yield (City Centre): 0.18%
Gross Rental Yield (Outside of Centre): 0.07%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 154.50 $ 70.00-450.00
Apartment (1 bedroom) Outside of Centre 72.91 $ 40.00-150.00
Apartment (3 bedrooms) in City Centre 401.28 $ 300.00-800.00
Apartment (3 bedrooms) Outside of Centre 193.33 $ 120.00-350.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,091.38 $ 836.12-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 2,682.69 $ 929.02-4,626.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) 353.64 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.74 4.00-20.00

These data are based on 112 entries in the past 18 months from 20 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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