Property Prices in Maldives

Index Info
Price to Income Ratio: 10.71
Mortgage as Percentage of Income: 155.19%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 11.67
Price to Rent Ratio - Outside of Centre: 11.25
Gross Rental Yield (City Centre): 8.57%
Gross Rental Yield (Outside of Centre): 8.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 15,353.33 Rf 13,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,812.50 Rf 9,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 25,625.00 Rf 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 20,777.78 Rf 18,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,513.89 Rf 2,999.98-4,499.96
Price per Square Feet to Buy Apartment Outside of Centre 2,539.49 Rf 1,858.05-3,716.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,208.33 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.50 10.00-18.00

These data are based on 89 entries in the past 18 months from 17 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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