Property Prices in Antananarivo, Madagascar

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Index Info
Price to Income Ratio: 28.45
Mortgage as Percentage of Income: 449.62%
Loan Affordability Index: 0.22
Price to Rent Ratio - City Centre: 8.86
Price to Rent Ratio - Outside of Centre: 15.82
Gross Rental Yield (City Centre): 11.28%
Gross Rental Yield (Outside of Centre): 6.32%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,728,571.43 Ar 700,000.00-2,600,000.00
Apartment (1 bedroom) Outside of Centre 374,939.09 Ar 200,000.00-717,641.00
Apartment (3 bedrooms) in City Centre 2,333,333.33 Ar 1,000,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,783,333.33 Ar 700,000.00-4,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 275,610.06 Ar 167,224.08-380,899.29
Price per Square Feet to Buy Apartment Outside of Centre 209,030.10 Ar 185,804.53-232,255.67
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 458,333.33 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00 7.00-21.00

These data are based on 56 entries from 10 contributors over the past 18 months.
Last update: April 2025

Sources and References
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