Property Prices in Namibia

Index
Price to Income Ratio:	3.48
Mortgage as Percentage of Income:	43.78%
Loan Affordability Index:	2.28
Price to Rent Ratio - City Centre:	7.65
Price to Rent Ratio - Outside of Centre:	6.87
Gross Rental Yield (City Centre):	13.08%
Gross Rental Yield (Outside of Centre):	14.56%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	5,687.50 N$	4,500.00-9,000.00
Apartment (1 bedroom) Outside of Centre	4,787.70 N$	3,500.00-7,000.00
Apartment (3 bedrooms) in City Centre	11,061.23 N$	7,500.00-20,000.00
Apartment (3 bedrooms) Outside of Centre	9,937.50 N$	7,000.00-15,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	913.54 N$	557.41-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre	712.25 N$	464.51-929.02
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	12,583.33 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.25	9.50-13.00

These data are based on 81 entries in the past 18 months from 19 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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