Property Prices in Antananarivo, Madagascar

Index Info
Price to Income Ratio: 21.92
Mortgage as Percentage of Income: 346.40%
Loan Affordability Index: 0.29
Price to Rent Ratio - City Centre: 6.73
Price to Rent Ratio - Outside of Centre: 10.98
Gross Rental Yield (City Centre): 14.87%
Gross Rental Yield (Outside of Centre): 9.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,050,000.00 Ar 800,000.00-2,900,000.00
Apartment (1 bedroom) Outside of Centre 619,264.49 Ar 200,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre 5,166,666.67 Ar 2,000,000.00-10,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,395,626.95 Ar 1,000,000.00-4,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 329,803.05 Ar 278,706.80-380,899.29
Price per Square Feet to Buy Apartment Outside of Centre 209,030.10 Ar 185,804.53-232,255.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 661,428.57 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00 7.00-21.00

These data are based on 54 entries in the past 18 months from 10 different contributors.
Last update: February 2024

Sources and References
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