Property Prices in Latakia, Syria

Index Info
Price to Income Ratio: 65.62
Mortgage as Percentage of Income: 894.71%
Loan Affordability Index: 0.11
Price to Rent Ratio - City Centre: 12.72
Price to Rent Ratio - Outside of Centre: 12.49
Gross Rental Yield (City Centre): 7.86%
Gross Rental Yield (Outside of Centre): 8.00%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 286.67 $ 60.00-600.00
Apartment (1 bedroom) Outside of Centre 95.53 $ 25.00-200.00
Apartment (3 bedrooms) in City Centre 450.00 $ 100.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 230.00 $ 40.00-500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 69.68 $ 46.45-92.90
Price per Square Feet to Buy Apartment Outside of Centre 27.87 $ 27.87-27.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 40.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.50 10.00-15.00

These data are based on 28 entries in the past 18 months from 7 different contributors.
Last update: August 2023

Sources and References
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