Property Prices Comparison Between South Africa and Madagascar 
Rent Per Month | South Africa Edit |
Madagascar Edit | Difference |
|---|---|---|---|
| Apartment (1 bedroom) in City Centre |
8,243.55 R (1,993,960.64 Ar) |
7,441.67 R (1,800,000.00 Ar) |
-9.7 % |
| Apartment (1 bedroom) Outside of Centre |
6,368.13 R (1,540,333.07 Ar) |
2,173.15 R (525,645.40 Ar) |
-65.9 % |
| Apartment (3 bedrooms) in City Centre |
15,857.85 R (3,835,718.51 Ar) |
13,953.12 R (3,375,000.00 Ar) |
-12.0 % |
| Apartment (3 bedrooms) Outside of Centre |
12,226.66 R (2,957,401.33 Ar) |
6,656.25 R (1,610,021.99 Ar) |
-45.6 % |
Buy Apartment Price | South Africa Edit |
Madagascar Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,716.67 R (415,231.09 Ar) |
1,363.49 R (329,803.05 Ar) |
-20.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,341.55 R (324,495.88 Ar) |
864.18 R (209,030.10 Ar) |
-35.6 % |
Salaries And Financing | South Africa Edit |
Madagascar Edit | |
| Average Monthly Net Salary (After Tax) |
24,233.33 R (5,861,591.61 Ar) |
2,674.87 R (647,000.00 Ar) |
-89.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.37 | 17.25 | +51.7 % |
| Last update: | May 2024 | February 2024 | |
| Contributors in the past 12 months: | 276 | 15 |
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