Property Prices in Tanzania

Index Info
Price to Income Ratio: 96.18
Mortgage as Percentage of Income: 1,639.19%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 57.25
Price to Rent Ratio - Outside of Centre: 90.87
Gross Rental Yield (City Centre): 1.75%
Gross Rental Yield (Outside of Centre): 1.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 827,640.75 TSh 300,000.00-1,780,000.00
Apartment (1 bedroom) Outside of Centre 539,400.70 TSh 200,000.00-1,035,865.60
Apartment (3 bedrooms) in City Centre 1,762,558.63 TSh 600,000.00-3,884,496.00
Apartment (3 bedrooms) Outside of Centre 1,251,571.53 TSh 450,000.00-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,039,564.92 TSh 332,729.96-2,136,752.14
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) 605,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.39 10.00-20.00

These data are based on 137 entries in the past 18 months from 28 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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