Property Prices in Conakry, Guinea

Index Info
Price to Income Ratio: 1.78
Mortgage as Percentage of Income: 21.99%
Loan Affordability Index: 4.55
Price to Rent Ratio - City Centre: 2.15
Price to Rent Ratio - Outside of Centre: 3.76
Gross Rental Yield (City Centre): 46.43%
Gross Rental Yield (Outside of Centre): 26.62%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 523.54 $ 200.00-809.09
Apartment (1 bedroom) Outside of Centre 387.45 $ 300.00-462.34
Apartment (3 bedrooms) in City Centre 1,942.09 $ 1,200.00-3,081.36
Apartment (3 bedrooms) Outside of Centre 1,099.65 $ 809.09-1,689.50
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 33.77 $ 21.09-46.45
Price per Square Feet to Buy Apartment Outside of Centre 37.16 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,075.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00

These data are based on 23 entries in the past 18 months from 5 different contributors.
Last update: March 2024

Sources and References
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1 Comments so far
Madame Soumah on Jun 30, 2020:
Need to find out best areas to purchase a house in Conakry. How much is the average price of purchasing a property in Conakry. Am not looking at renting.