Property Prices in Madagascar

Index Info
Price to Income Ratio: 25.24
Mortgage as Percentage of Income: 450.07%
Loan Affordability Index: 0.22
Price to Rent Ratio - City Centre: 10.91
Price to Rent Ratio - Outside of Centre: 26.41
Gross Rental Yield (City Centre): 9.17%
Gross Rental Yield (Outside of Centre): 3.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,500,000.00 Ar 500,000.00-2,600,000.00
Apartment (1 bedroom) Outside of Centre 258,454.92 Ar 150,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 1,687,500.00 Ar 1,000,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 993,484.41 Ar 600,000.00-4,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 275,610.06 Ar 167,224.08-380,899.29
Price per Square Feet to Buy Apartment Outside of Centre 209,030.10 Ar 185,804.53-232,255.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 516,666.67 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.25 7.00-24.00

These data are based on 72 entries in the past 18 months from 13 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: