Property Prices in Namibia

Index Info
Price to Income Ratio: 3.88
Mortgage as Percentage of Income: 49.14%
Loan Affordability Index: 2.04
Price to Rent Ratio - City Centre: 7.63
Price to Rent Ratio - Outside of Centre: 5.95
Gross Rental Yield (City Centre): 13.11%
Gross Rental Yield (Outside of Centre): 16.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,900.00 N$ 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,039.86 N$ 4,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 20,000.00 N$ 12,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 14,115.38 N$ 8,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,444.62 N$ 929.02-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 825.67 N$ 557.41-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,762.91 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.36 8.00-15.00

These data are based on 112 entries from 20 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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