Property Prices in Maldives

Index Info
Price to Income Ratio: 10.67
Mortgage as Percentage of Income: 154.59%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 12.49
Price to Rent Ratio - Outside of Centre: 12.48
Gross Rental Yield (City Centre): 8.01%
Gross Rental Yield (Outside of Centre): 8.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,103.33 Rf 12,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 9,437.50 Rf 7,500.00-12,500.00
Apartment (3 bedrooms) in City Centre 24,625.00 Rf 20,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 20,250.00 Rf 18,000.00-23,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,521.70 Rf 2,999.98-3,999.97
Price per Square Feet to Buy Apartment Outside of Centre 2,593.52 Rf 1,858.05-3,716.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,423.08 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.50 10.00-18.00

These data are based on 86 entries in the past 18 months from 18 different contributors.
Last update: January 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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