Property Prices in Gambia

Index Info
Price to Income Ratio: 90.35
Mortgage as Percentage of Income: 730.56%
Loan Affordability Index: 0.14
Price to Rent Ratio - City Centre: 49.32
Price to Rent Ratio - Outside of Centre: 77.07
Gross Rental Yield (City Centre): 2.03%
Gross Rental Yield (Outside of Centre): 1.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 9,333.33 D 4,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 4,016.67 D 1,566.67-10,000.00
Apartment (3 bedrooms) in City Centre 16,000.00 D 8,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 6,750.00 D 4,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,131.16 D
Price per Square Feet to Buy Apartment Outside of Centre 6,087.44 D
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,532.85 D
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.25

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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