Property Prices in Namibia

Index Info
Price to Income Ratio: 3.69
Mortgage as Percentage of Income: 45.88%
Loan Affordability Index: 2.18
Price to Rent Ratio - City Centre: 7.93
Price to Rent Ratio - Outside of Centre: 7.90
Gross Rental Yield (City Centre): 12.62%
Gross Rental Yield (Outside of Centre): 12.66%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 6,107.14 N$ 4,500.00-9,000.00
Apartment (1 bedroom) Outside of Centre 4,603.85 N$ 3,500.00-7,000.00
Apartment (3 bedrooms) in City Centre 13,825.42 N$ 9,500.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,333.33 N$ 7,500.00-20,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,094.81 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
Average Monthly Net Salary (After Tax) 14,250.00 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.06 9.00-15.00

These data are based on 108 entries in the past 18 months from 21 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: