Property Prices in Tanzania

Index
Price to Income Ratio:	31.37
Mortgage as Percentage of Income:	629.73%
Loan Affordability Index:	0.16
Price to Rent Ratio - City Centre:	25.26
Price to Rent Ratio - Outside of Centre:	12.76
Gross Rental Yield (City Centre):	3.96%
Gross Rental Yield (Outside of Centre):	7.84%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	713,100.92 TSh	400,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre	656,780.92 TSh	250,000.00-1,391,366.40
Apartment (3 bedrooms) in City Centre	1,750,179.66 TSh	927,577.60-3,478,416.00
Apartment (3 bedrooms) Outside of Centre	1,576,743.88 TSh	890,000.00-2,500,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	424,796.69 TSh	183,119.88-1,114,827.20
Price per Square Feet to Buy Apartment Outside of Centre	195,321.24 TSh	140,032.85-278,706.80
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	531,903.66 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	19.67	17.83-21.00

These data are based on 111 entries in the past 18 months from 24 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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