Property Prices in Maldives

Index Info
Price to Income Ratio: 11.61
Mortgage as Percentage of Income: 150.95%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 16.21
Price to Rent Ratio - Outside of Centre: 9.00
Gross Rental Yield (City Centre): 6.17%
Gross Rental Yield (Outside of Centre): 11.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,550.00 Rf 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,166.67 Rf 7,500.00-16,000.00
Apartment (3 bedrooms) in City Centre 23,666.67 Rf 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 Rf 18,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,573.16 Rf 2,999.98-7,729.94
Price per Square Feet to Buy Apartment Outside of Centre 1,954.52 Rf 718.13-3,499.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,133.04 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.75 8.00-15.00

These data are based on 89 entries in the past 18 months from 18 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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