Property Prices in Antananarivo, Madagascar

Index Info
Price to Income Ratio: 24.65
Mortgage as Percentage of Income: 389.44%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 9.38
Price to Rent Ratio - Outside of Centre: 16.99
Gross Rental Yield (City Centre): 10.66%
Gross Rental Yield (Outside of Centre): 5.88%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,880,000.00 Ar 800,000.00-2,900,000.00
Apartment (1 bedroom) Outside of Centre 330,685.37 Ar 150,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 2,800,000.00 Ar 1,000,000.00-10,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,700,000.00 Ar 1,000,000.00-4,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 329,803.05 Ar 278,706.80-380,899.29
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) 588,333.33 Ar
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00 7.00-21.00

These data are based on 44 entries in the past 18 months from 8 different contributors.
Last update: June 2024

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