Property Prices in Addis Ababa, Ethiopia
| Index |  |
|---|---|
| Price to Income Ratio: | 54.98 |
| Mortgage as Percentage of Income: | 926.19% |
| Loan Affordability Index: | 0.11 |
| Price to Rent Ratio - City Centre: | 16.47 |
| Price to Rent Ratio - Outside of Centre: | 21.51 |
| Gross Rental Yield (City Centre): | 6.07% |
| Gross Rental Yield (Outside of Centre): | 4.65% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 645.10 $ | |
| Apartment (1 bedroom) Outside of Centre | 422.74 $ | |
| Apartment (3 bedrooms) in City Centre | 1,542.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 810.67 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 247.24 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 189.74 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 213.88 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.17 |
These data are based on 95 entries in the past 18 months from 15 different contributors.
Last update: December 2024
Sources and References
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