Property Prices in Namibia

Index
Price to Income Ratio:	5.91
Mortgage as Percentage of Income:	75.61%
Loan Affordability Index:	1.32
Price to Rent Ratio - City Centre:	5.95
Price to Rent Ratio - Outside of Centre:	6.34
Gross Rental Yield (City Centre):	16.82%
Gross Rental Yield (Outside of Centre):	15.78%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	5,833.33 N$	4,500.00-8,000.00
Apartment (1 bedroom) Outside of Centre	4,666.67 N$	3,500.00-6,000.00
Apartment (3 bedrooms) in City Centre	13,375.00 N$	8,000.00-22,000.00
Apartment (3 bedrooms) Outside of Centre	12,875.00 N$	7,000.00-20,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	789.67 N$
Price per Square Feet to Buy Apartment Outside of Centre	743.22 N$
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,981.46 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.50	9.75-14.00

These data are based on 43 entries in the past 18 months from 20 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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