Property Prices in Male, Maldives

Index Info
Price to Income Ratio: 11.91
Mortgage as Percentage of Income: 172.60%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 12.73
Price to Rent Ratio - Outside of Centre: 13.12
Gross Rental Yield (City Centre): 7.85%
Gross Rental Yield (Outside of Centre): 7.62%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 14,722.22 Rf 12,500.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,937.50 Rf 9,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 26,250.00 Rf 25,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 21,125.00 Rf 18,000.00-25,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,783.97 Rf 2,999.98-4,499.96
Price per Square Feet to Buy Apartment Outside of Centre 3,004.01 Rf 1,999.98-3,716.09
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 15,333.33 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.50 10.00-18.00

These data are based on 77 entries in the past 18 months from 13 different contributors.
Last update: May 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

2 Comments so far
Jennifer Chetty on Apr 04, 2022:
Hi,I am planning to rent a guesthouse in maldives.
Can you please me the quotation.
Thanks,
Jennifer
Shefali Uniyal on Mar 26, 2021:
Hi, I am staying in India. Intrested to buy or lease a property in Maldives. It should be a tourist place because planning to put it on rent.

Thank,
Shefali