Property Prices in Antananarivo, Madagascar

Index Info
Price to Income Ratio: 23.01
Mortgage as Percentage of Income: 363.67%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 8.87
Price to Rent Ratio - Outside of Centre: 16.70
Gross Rental Yield (City Centre): 11.27%
Gross Rental Yield (Outside of Centre): 5.99%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,650,000.00 Ar 500,000.00-2,600,000.00
Apartment (1 bedroom) Outside of Centre 274,366.44 Ar 150,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 2,500,000.00 Ar 1,000,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,866,666.67 Ar 700,000.00-4,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 275,610.06 Ar 167,224.08-380,899.29
Price per Square Feet to Buy Apartment Outside of Centre 209,030.10 Ar 185,804.53-232,255.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 566,666.67 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00 7.00-21.00

These data are based on 54 entries in the past 18 months from 9 different contributors.
Last update: November 2024

Sources and References
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