Property Prices in Somalia

Index Info
Price to Income Ratio: 410.32
Mortgage as Percentage of Income: 4,347.35%
Loan Affordability Index: 0.02
Price to Rent Ratio - City Centre: 883.60
Price to Rent Ratio - Outside of Centre: 1,255.76
Gross Rental Yield (City Centre): 0.11%
Gross Rental Yield (Outside of Centre): 0.08%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 151.78 $ 60.00-300.00
Apartment (1 bedroom) Outside of Centre 78.74 $ 40.00-150.00
Apartment (3 bedrooms) in City Centre 389.14 $ 200.00-800.00
Apartment (3 bedrooms) Outside of Centre 180.62 $ 120.00-400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,237.49 $ 1,033.26-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre 2,251.77 $ 929.02-4,180.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 360.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.74 4.00-12.00

These data are based on 142 entries in the past 18 months from 25 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
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