Property Prices in Tanzania

Index Info
Price to Income Ratio: 95.59
Mortgage as Percentage of Income: 1,764.96%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 65.64
Price to Rent Ratio - Outside of Centre: 89.97
Gross Rental Yield (City Centre): 1.52%
Gross Rental Yield (Outside of Centre): 1.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 707,840.53 TSh 300,000.00-1,403,400.00
Apartment (1 bedroom) Outside of Centre 589,815.40 TSh 200,000.00-935,600.00
Apartment (3 bedrooms) in City Centre 1,535,616.97 TSh 900,000.00-2,310,000.00
Apartment (3 bedrooms) Outside of Centre 1,164,978.52 TSh 700,000.00-2,070,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,028,829.49 TSh 300,523.69-2,136,752.14
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) 605,714.29 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.94 1.30-20.00

These data are based on 122 entries in the past 18 months from 26 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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