Property Prices in Al-farwaniyah, Kuwait

Index Info
Price to Income Ratio: 10.53
Mortgage as Percentage of Income: 73.25%
Loan Affordability Index: 1.37
Price to Rent Ratio - City Centre: 29.33
Price to Rent Ratio - Outside of Centre: 26.93
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 3.71%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 180.00 KWD 150.00-220.00
Apartment (1 bedroom) Outside of Centre 166.67 KWD 120.00-200.00
Apartment (3 bedrooms) in City Centre 420.00 KWD 390.00-450.00
Apartment (3 bedrooms) Outside of Centre 340.00 KWD 300.00-380.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 121.29 KWD 80.00-162.58
Price per Square Feet to Buy Apartment Outside of Centre 96.45 KWD 92.90-100.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 556.67 KWD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50

These data are based on 19 entries in the past 18 months from 4 different contributors.
Last update: October 2024

Sources and References
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