Property Prices in Tanzania

Index Info
Price to Income Ratio: 93.40
Mortgage as Percentage of Income: 1,591.81%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 65.65
Price to Rent Ratio - Outside of Centre: 96.42
Gross Rental Yield (City Centre): 1.52%
Gross Rental Yield (Outside of Centre): 1.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 756,730.70 TSh 300,000.00-1,504,800.00
Apartment (1 bedroom) Outside of Centre 488,592.73 TSh 200,000.00-1,003,200.00
Apartment (3 bedrooms) in City Centre 1,449,432.00 TSh 700,000.00-3,009,600.00
Apartment (3 bedrooms) Outside of Centre 1,222,896.04 TSh 500,000.00-2,100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,036,067.42 TSh 322,237.46-2,136,752.14
Price per Square Feet to Buy Apartment Outside of Centre 1,122,743.25 TSh 209,552.68-1,858,045.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 622,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.39 10.00-20.00

These data are based on 129 entries in the past 18 months from 26 different contributors.
Last update: September 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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