Property Prices in Oujda, Morocco

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Index
Price to Income Ratio:	8.39
Mortgage as Percentage of Income:	65.86%
Loan Affordability Index:	1.52
Price to Rent Ratio - City Centre:	21.64
Price to Rent Ratio - Outside of Centre:	19.94
Gross Rental Yield (City Centre):	4.62%
Gross Rental Yield (Outside of Centre):	5.02%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,600.0 MAD	1,500.0-1,800.0
Apartment (1 bedroom) Outside of Centre	1,066.67 MAD	1,000.0-1,200.0
Apartment (3 bedrooms) in City Centre	2,833.33 MAD	2,500.0-3,500.0
Apartment (3 bedrooms) Outside of Centre	2,066.67 MAD	1,500.0-3,000.0
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	696.77 MAD	696.77-696.77
Price per Square Feet to Buy Apartment Outside of Centre	445.93 MAD	334.45-557.41
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,666.67 MAD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.9

These data are based on 20 entries in the past 18 months from 3 different contributors.
Last update: September 2024

Sources and References

Nearby cities:

Property Prices in Berkane	46.15 miles
Property Prices in Taourirt	69.1 miles
Property Prices in Nador	85.4 miles
Property Prices in Guercif	101.44 miles
Property Prices in Taza	135.08 miles
Property Prices in Al Hoceima	161.63 miles
Property Prices in Fes (Fez)	204.23 miles
Property Prices in Ifrane (Ifran)	229.61 miles
Property Prices in Meknes	239.06 miles
Property Prices in Taounate	241.58 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	8,100.0
GDP Growth Rate:	1.26%
Population Growth Rate:	0.88%