Property Prices in Zanzibar, Tanzania

Index Info
Price to Income Ratio: 39.19
Mortgage as Percentage of Income: 562.68%
Loan Affordability Index: 0.18
Price to Rent Ratio - City Centre: 36.41
Price to Rent Ratio - Outside of Centre: 10.70
Gross Rental Yield (City Centre): 2.75%
Gross Rental Yield (Outside of Centre): 9.35%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,096,238.55 TSh 500,000.00-1,806,000.00
Apartment (1 bedroom) Outside of Centre 1,304,000.00 TSh 300,000.00-2,580,000.00
Apartment (3 bedrooms) in City Centre 1,107,333.33 TSh 516,000.00-1,806,000.00
Apartment (3 bedrooms) Outside of Centre 995,666.67 TSh 387,000.00-2,100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 649,212.65 TSh
Price per Square Feet to Buy Apartment Outside of Centre 209,552.68 TSh
Salaries And Financing
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Average Monthly Net Salary (After Tax) 589,730.91 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.35 10.00-16.70

These data are based on 24 entries in the past 18 months from 7 different contributors.
Last update: March 2024

Sources and References
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