Property Prices in Somalia

Index Info
Price to Income Ratio: 333.46
Mortgage as Percentage of Income: 3,597.69%
Loan Affordability Index: 0.03
Price to Rent Ratio - City Centre: 569.22
Price to Rent Ratio - Outside of Centre: 1,477.48
Gross Rental Yield (City Centre): 0.18%
Gross Rental Yield (Outside of Centre): 0.07%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 132.03 $ 70.00-250.00
Apartment (1 bedroom) Outside of Centre 71.41 $ 40.00-100.00
Apartment (3 bedrooms) in City Centre 343.95 $ 200.00-500.00
Apartment (3 bedrooms) Outside of Centre 182.86 $ 150.00-350.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,829.96 $ 836.12-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 2,545.25 $ 929.02-4,180.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 353.08 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.99 4.00-20.00

These data are based on 127 entries in the past 18 months from 21 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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