Property Prices in Maldives

Index Info
Price to Income Ratio: 12.37
Mortgage as Percentage of Income: 183.08%
Loan Affordability Index: 0.55
Price to Rent Ratio - City Centre: 13.14
Price to Rent Ratio - Outside of Centre: 11.66
Gross Rental Yield (City Centre): 7.61%
Gross Rental Yield (Outside of Centre): 8.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 13,502.78 Rf 12,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,944.44 Rf 7,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 26,923.08 Rf 25,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 Rf 16,000.00-28,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 3,770.80 Rf 2,999.98-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 2,374.82 Rf 1,499.99-4,552.21
Salaries And Financing
Average Monthly Net Salary (After Tax) 13,367.29 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.86 11.00-18.00

These data are based on 111 entries in the past 18 months from 20 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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