Property Prices in Gambia

Index Info
Price to Income Ratio: 104.35
Mortgage as Percentage of Income: 1,218.75%
Loan Affordability Index: 0.08
Price to Rent Ratio - City Centre: 58.21
Price to Rent Ratio - Outside of Centre: 71.14
Gross Rental Yield (City Centre): 1.72%
Gross Rental Yield (Outside of Centre): 1.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,384.32 D
Apartment (1 bedroom) Outside of Centre 5,855.56 D 1,566.67-10,000.00
Apartment (3 bedrooms) in City Centre 18,000.00 D 16,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 7,500.00 D 5,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,101.10 D 9,701.87-10,500.33
Price per Square Feet to Buy Apartment Outside of Centre 7,348.10 D 7,000.22-7,695.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,500.00 D
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.12 5.25-15.00

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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