Property Prices in Asmara, Eritrea

Index Info
Price to Income Ratio: 6.01
Mortgage as Percentage of Income: 79.42%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 6.33
Price to Rent Ratio - Outside of Centre: 23.22
Gross Rental Yield (City Centre): 15.80%
Gross Rental Yield (Outside of Centre): 4.31%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 475.00 $ 300.00-650.00
Apartment (1 bedroom) Outside of Centre 400.00 $ 200.00-600.00
Apartment (3 bedrooms) in City Centre 725.00 $ 600.00-850.00
Apartment (3 bedrooms) Outside of Centre 650.00 $ 550.00-750.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 56.77 $
Price per Square Feet to Buy Apartment Outside of Centre 180.00 $
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,060.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.00

These data are based on 13 entries in the past 18 months from 2 different contributors.
Last update: March 2024

Sources and References
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