Property Prices in Madagascar

Index
Price to Income Ratio:	18.24
Mortgage as Percentage of Income:	346.19%
Loan Affordability Index:	0.29
Price to Rent Ratio - City Centre:	12.11
Price to Rent Ratio - Outside of Centre:	17.50
Gross Rental Yield (City Centre):	8.26%
Gross Rental Yield (Outside of Centre):	5.71%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,237,500.00 Ar	600,000.00-1,650,000.00
Apartment (1 bedroom) Outside of Centre	350,011.24 Ar	300,000.00-500,000.00
Apartment (3 bedrooms) in City Centre	3,333,333.33 Ar	2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre	1,325,000.00 Ar	1,000,000.00-5,235,235.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	371,609.07 Ar	278,706.80-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre	185,804.53 Ar
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	822,500.00 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	18.50	17.00-20.00

These data are based on 32 entries in the past 18 months from 7 different contributors.
Last update: January 2021
Our data for each country are based on all entries from all cities in that country.

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