Property Prices in Somalia

Index Info
Price to Income Ratio: 233.92
Mortgage as Percentage of Income: 2,602.83%
Loan Affordability Index: 0.04
Price to Rent Ratio - City Centre: 327.80
Price to Rent Ratio - Outside of Centre: 985.46
Gross Rental Yield (City Centre): 0.31%
Gross Rental Yield (Outside of Centre): 0.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 133.23 $ 70.00-250.00
Apartment (1 bedroom) Outside of Centre 73.61 $ 40.00-100.00
Apartment (3 bedrooms) in City Centre 341.02 $ 200.00-500.00
Apartment (3 bedrooms) Outside of Centre 187.33 $ 150.00-350.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,053.33 $ 297.29-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,744.16 $ 222.97-4,180.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 321.82 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.43 4.00-20.00

These data are based on 133 entries in the past 18 months from 22 different contributors.
Last update: February 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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