Property Prices in Malawi

Index Info
Price to Income Ratio: 81.33
Mortgage as Percentage of Income: 1,285.06%
Loan Affordability Index: 0.08
Price to Rent Ratio - City Centre: 271.09
Price to Rent Ratio - Outside of Centre: 18.89
Gross Rental Yield (City Centre): 0.37%
Gross Rental Yield (Outside of Centre): 5.29%
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 102,500.00 MK 80,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 575,000.00 MK 450,000.00-800,000.00
Apartment (3 bedrooms) Outside of Centre 362,500.00 MK 250,000.00-500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,495,068.56 MK 464,511.33-2,525,625.78
Price per Square Feet to Buy Apartment Outside of Centre 56,292.92 MK 55,741.36-56,844.49
Salaries And Financing
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Average Monthly Net Salary (After Tax) 513,333.33 MK
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00

These data are based on 28 entries in the past 18 months from 6 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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