Property Prices in Maldives

Index Info
Price to Income Ratio: 11.53
Mortgage as Percentage of Income: 149.99%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 15.93
Price to Rent Ratio - Outside of Centre: 9.00
Gross Rental Yield (City Centre): 6.28%
Gross Rental Yield (Outside of Centre): 11.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,777.78 Rf 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,166.67 Rf 7,500.00-16,000.00
Apartment (3 bedrooms) in City Centre 24,125.00 Rf 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 Rf 18,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,572.16 Rf 2,999.98-7,724.94
Price per Square Feet to Buy Apartment Outside of Centre 1,954.40 Rf 717.67-3,499.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,227.46 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.75 8.00-15.00

These data are based on 86 entries in the past 18 months from 17 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
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