Property Prices in Namibia

Index
Price to Income Ratio:	4.77
Mortgage as Percentage of Income:	61.50%
Loan Affordability Index:	1.63
Price to Rent Ratio - City Centre:	11.20
Price to Rent Ratio - Outside of Centre:	11.12
Gross Rental Yield (City Centre):	8.93%
Gross Rental Yield (Outside of Centre):	8.99%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	5,873.60 N$	3,499.27-8,998.12
Apartment (1 bedroom) Outside of Centre	4,464.83 N$	3,000.00-7,698.39
Apartment (3 bedrooms) in City Centre	10,863.12 N$	5,998.75-20,000.00
Apartment (3 bedrooms) Outside of Centre	11,204.73 N$	7,998.33-19,995.83
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	1,184.92 N$	929.02-1,393.53
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	14,290.13 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.60	10.00-14.00

These data are based on 156 entries in the past 18 months from 26 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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