Property Prices in Namibia

Index Info
Price to Income Ratio: 3.29
Mortgage as Percentage of Income: 41.26%
Loan Affordability Index: 2.42
Price to Rent Ratio - City Centre: 6.51
Price to Rent Ratio - Outside of Centre: 5.82
Gross Rental Yield (City Centre): 15.36%
Gross Rental Yield (Outside of Centre): 17.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,414.29 N$ 5,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,716.05 N$ 3,634.24-10,000.00
Apartment (3 bedrooms) in City Centre 18,041.67 N$ 12,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 15,464.29 N$ 8,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,133.56 N$ 789.67-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 826.83 N$ 557.41-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 16,012.91 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.17 8.00-12.25

These data are based on 118 entries in the past 18 months from 21 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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