Property Prices in Malawi

Index Info
Price to Income Ratio: 53.11
Mortgage as Percentage of Income: 959.13%
Loan Affordability Index: 0.10
Price to Rent Ratio - City Centre: 174.96
Price to Rent Ratio - Outside of Centre: 23.07
Gross Rental Yield (City Centre): 0.57%
Gross Rental Yield (Outside of Centre): 4.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 233,333.33 MK 150,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre 143,333.33 MK 80,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 616,666.67 MK 450,000.00-800,000.00
Apartment (3 bedrooms) Outside of Centre 400,000.00 MK 250,000.00-500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,001,876.97 MK 464,511.33-1,539,242.60
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) 550,000.00 MK
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.50 15.00-20.00

These data are based on 24 entries in the past 18 months from 4 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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