Property Prices in Basra, Iraq

Index
Price to Income Ratio:	7.38
Mortgage as Percentage of Income:	63.43%
Loan Affordability Index:	1.58
Price to Rent Ratio - City Centre:	9.74
Price to Rent Ratio - Outside of Centre:	11.76
Gross Rental Yield (City Centre):	10.27%
Gross Rental Yield (Outside of Centre):	8.51%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	700,000.00 IQD	500,000.00-1,000,000.00
Apartment (1 bedroom) Outside of Centre	492,061.55 IQD	326,184.66-750,000.00
Apartment (3 bedrooms) in City Centre	1,200,000.00 IQD	750,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre	866,666.67 IQD	500,000.00-1,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	135,216.82 IQD	48,485.27-278,706.80
Price per Square Feet to Buy Apartment Outside of Centre	116,127.83 IQD	69,676.70-139,353.40
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	916,666.67 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.00	5.00-7.00

These data are based on 31 entries in the past 18 months from 6 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Az Zubayr	12.67 miles
Property Prices in Umm Qasr	46.49 miles
Property Prices in Al-qurnah	47.53 miles
Property Prices in Al-fuhud	91.64 miles
Property Prices in Al-'amarah	112.97 miles
Property Prices in Al-majarr-al-kabir	122.34 miles
Property Prices in An Nasiriyah	129.36 miles
Property Prices in Qal'at Sukkar	204.07 miles
Property Prices in Ad Diwaniyah	236.25 miles
Property Prices in Ad Daghgharah	240.84 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	9,200.00
GDP Growth Rate:	7.01%
Population Growth Rate:	1.94%