Property Prices in Ouagadougou, Burkina Faso

Index Info
Price to Income Ratio: 2.53
Mortgage as Percentage of Income: 25.37%
Loan Affordability Index: 3.94
Price to Rent Ratio - City Centre: 3.57
Price to Rent Ratio - Outside of Centre: 3.68
Gross Rental Yield (City Centre): 28.00%
Gross Rental Yield (Outside of Centre): 27.15%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 250,000.00 CFA 200,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre 125,000.00 CFA 25,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 300,000.00 CFA 100,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 236,666.67 CFA 60,000.00-350,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,384.22 CFA 12,187.98-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 9,550.15 CFA 6,093.99-13,006.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 265,416.67 CFA
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.00

These data are based on 21 entries in the past 18 months from 4 different contributors.
Last update: March 2024

Sources and References
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