Property Prices in Windhoek, Namibia

Index Info
Price to Income Ratio: 5.43
Mortgage as Percentage of Income: 71.40%
Loan Affordability Index: 1.40
Price to Rent Ratio - City Centre: 8.50
Price to Rent Ratio - Outside of Centre: 11.08
Gross Rental Yield (City Centre): 11.77%
Gross Rental Yield (Outside of Centre): 9.03%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,480.00 N$ 4,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 4,549.51 N$ 3,100.00-6,000.00
Apartment (3 bedrooms) in City Centre 16,071.43 N$ 13,000.00-18,000.00
Apartment (3 bedrooms) Outside of Centre 13,714.29 N$ 10,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,306.01 N$ 1,218.48-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 1,331.60 N$ 929.02-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,083.33 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.94 7.80-15.00

These data are based on 64 entries in the past 18 months from 15 different contributors.
Last update: April 2024

Sources and References
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