Property Prices in Maldives

Index Info
Price to Income Ratio: 13.27
Mortgage as Percentage of Income: 193.02%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 13.68
Price to Rent Ratio - Outside of Centre: 12.02
Gross Rental Yield (City Centre): 7.31%
Gross Rental Yield (Outside of Centre): 8.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,617.95 Rf 12,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 9,555.56 Rf 8,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 27,214.29 Rf 25,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 21,545.45 Rf 17,000.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,962.47 Rf 2,999.98-5,109.62
Price per Square Feet to Buy Apartment Outside of Centre 2,593.52 Rf 1,858.05-4,552.21
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,291.67 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.56 11.00-18.00

These data are based on 117 entries in the past 18 months from 21 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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