Property Prices in Windhoek, Namibia

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Index Info
Price to Income Ratio: 5.38
Mortgage as Percentage of Income: 72.05%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 11.59
Price to Rent Ratio - Outside of Centre: 8.62
Gross Rental Yield (City Centre): 8.62%
Gross Rental Yield (Outside of Centre): 11.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,780.00 N$ 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,068.21 N$ 3,713.91-10,000.00
Apartment (3 bedrooms) in City Centre 19,777.78 N$ 14,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 17,125.00 N$ 8,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,167.72 N$ 1,393.53-3,716.09
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) 17,517.21 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.23 8.00-15.00

These data are based on 85 entries from 17 contributors over the past 18 months.
Last update: April 2025

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