Property Prices in Namibia

Index
Price to Income Ratio:	5.00
Mortgage as Percentage of Income:	64.48%
Loan Affordability Index:	1.55
Price to Rent Ratio - City Centre:	11.44
Price to Rent Ratio - Outside of Centre:	11.01
Gross Rental Yield (City Centre):	8.74%
Gross Rental Yield (Outside of Centre):	9.08%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	5,750.68 N$	3,364.52-8,651.61
Apartment (1 bedroom) Outside of Centre	4,436.05 N$	3,000.00-7,401.94
Apartment (3 bedrooms) in City Centre	10,637.40 N$	5,767.74-20,000.00
Apartment (3 bedrooms) Outside of Centre	11,168.31 N$	7,690.32-19,225.81
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,350.18 N$	929.02-1,858.05
Price per Square Feet to Buy Apartment Outside of Centre	1,168.11 N$	929.02-1,393.53
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	13,541.11 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.60	10.00-14.00

These data are based on 157 entries in the past 18 months from 26 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

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