Property Prices in Namibia

Index Info
Price to Income Ratio: 3.55
Mortgage as Percentage of Income: 44.08%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 6.05
Price to Rent Ratio - Outside of Centre: 6.33
Gross Rental Yield (City Centre): 16.54%
Gross Rental Yield (Outside of Centre): 15.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,983.33 N$ 5,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,473.45 N$ 3,630.58-9,076.46
Apartment (3 bedrooms) in City Centre 19,538.46 N$ 9,500.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 14,769.23 N$ 8,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,069.22 N$ 789.67-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 859.35 N$ 557.41-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,637.91 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.06 9.00-12.25

These data are based on 107 entries in the past 18 months from 20 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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