Property Prices in Swakopmund, Namibia

Index Info
Price to Income Ratio: 2.86
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 5.86
Price to Rent Ratio - Outside of Centre: 4.23
Gross Rental Yield (City Centre): 17.05%
Gross Rental Yield (Outside of Centre): 23.62%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 7,166.67 N$ 4,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 6,354.58 N$ 4,000.00-9,063.73
Apartment (3 bedrooms) in City Centre 15,500.00 N$ 11,500.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 12,000.00 N$ 9,000.00-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 929.02 N$
Price per Square Feet to Buy Apartment Outside of Centre 557.41 N$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,000.00 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 15 entries in the past 18 months from 3 different contributors.
Last update: June 2024

Sources and References
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