Property Prices in Addis Ababa, Ethiopia
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| Index |  |
|---|---|
| Price to Income Ratio: | 51.60 |
| Mortgage as Percentage of Income: | 861.51% |
| Loan Affordability Index: | 0.12 |
| Price to Rent Ratio - City Centre: | 15.70 |
| Price to Rent Ratio - Outside of Centre: | 21.92 |
| Gross Rental Yield (City Centre): | 6.37% |
| Gross Rental Yield (Outside of Centre): | 4.56% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 581.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 316.00 $ | |
| Apartment (3 bedrooms) in City Centre | 1,541.08 $ | |
| Apartment (3 bedrooms) Outside of Centre | 768.75 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 224.34 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 162.59 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 201.78 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.00 |
These data are based on 116 entries in the past 18 months from 18 different contributors.
Last update: May 2024
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