Property Prices in Male, Maldives

Index Info
Price to Income Ratio: 11.81
Mortgage as Percentage of Income: 153.55%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 13.63
Price to Rent Ratio - Outside of Centre: 14.05
Gross Rental Yield (City Centre): 7.34%
Gross Rental Yield (Outside of Centre): 7.12%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 13,944.44 Rf 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,625.00 Rf 9,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 24,125.00 Rf 20,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 20,857.14 Rf 18,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,783.97 Rf 2,999.98-7,729.94
Price per Square Feet to Buy Apartment Outside of Centre 3,149.97 Rf 2,799.98-3,499.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,803.28 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.75 8.00-15.00

These data are based on 72 entries in the past 18 months from 13 different contributors.
Last update: November 2024

Sources and References
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2 Comments so far
Jennifer Chetty on Apr 04, 2022:
Hi,I am planning to rent a guesthouse in maldives.
Can you please me the quotation.
Thanks,
Jennifer
Shefali Uniyal on Mar 26, 2021:
Hi, I am staying in India. Intrested to buy or lease a property in Maldives. It should be a tourist place because planning to put it on rent.

Thank,
Shefali