Property Prices in Malawi

Index Info
Price to Income Ratio: 89.74
Mortgage as Percentage of Income: 1,829.41%
Loan Affordability Index: 0.05
Price to Rent Ratio - City Centre: 155.57
Price to Rent Ratio - Outside of Centre: 20.58
Gross Rental Yield (City Centre): 0.64%
Gross Rental Yield (Outside of Centre): 4.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 312,500.00 MK 150,000.00-700,000.00
Apartment (1 bedroom) Outside of Centre 153,333.33 MK 100,000.00-250,000.00
Apartment (3 bedrooms) in City Centre 581,250.00 MK 300,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 464,285.71 MK 150,000.00-800,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,000,189.46 MK 464,511.33-1,535,867.58
Price per Square Feet to Buy Apartment Outside of Centre 83,612.04 MK 55,741.36-111,482.72
Salaries And Financing
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Average Monthly Net Salary (After Tax) 325,000.00 MK
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.00 15.00-25.00

These data are based on 54 entries in the past 18 months from 11 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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