Property Prices in Namibia

Index Info
Price to Income Ratio: 3.88
Mortgage as Percentage of Income: 45.89%
Loan Affordability Index: 2.18
Price to Rent Ratio - City Centre: 7.40
Price to Rent Ratio - Outside of Centre: 7.59
Gross Rental Yield (City Centre): 13.51%
Gross Rental Yield (Outside of Centre): 13.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,450.00 N$ 4,500.00-8,000.00
Apartment (1 bedroom) Outside of Centre 4,904.01 N$ 3,500.00-8,339.21
Apartment (3 bedrooms) in City Centre 14,834.07 N$ 10,500.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,545.45 N$ 8,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,088.59 N$ 789.67-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 859.35 N$ 557.41-1,207.73
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,500.00 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.30 7.80-15.00

These data are based on 98 entries in the past 18 months from 21 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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