Property Prices in Zanzibar, Tanzania

Index Info
Price to Income Ratio: 292.80
Mortgage as Percentage of Income: 4,204.38%
Loan Affordability Index: 0.02
Price to Rent Ratio - City Centre: 283.56
Price to Rent Ratio - Outside of Centre: 75.50
Gross Rental Yield (City Centre): 0.35%
Gross Rental Yield (Outside of Centre): 1.32%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,062,192.38 TSh 500,000.00-1,839,779.14
Apartment (1 bedroom) Outside of Centre 1,326,519.43 TSh 300,000.00-2,628,255.91
Apartment (3 bedrooms) in City Centre 1,121,810.11 TSh 525,651.18-1,839,779.14
Apartment (3 bedrooms) Outside of Centre 998,079.46 TSh 394,238.39-2,100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,969,719.67 TSh 649,212.65-9,290,226.68
Price per Square Feet to Buy Apartment Outside of Centre 1,498,310.34 TSh 209,552.68-2,787,068.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 594,446.39 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.35 10.00-16.70

These data are based on 26 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References
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