Property Prices in Zanzibar, Tanzania

Index Info
Price to Income Ratio: 1,857.14
Mortgage as Percentage of Income: 21,506.20%
Loan Affordability Index: 0.00
Price to Rent Ratio - City Centre: 1,040.37
Price to Rent Ratio - Outside of Centre: 338.11
Gross Rental Yield (City Centre): 0.10%
Gross Rental Yield (Outside of Centre): 0.30%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 451,562.50 TSh 403,125.00-500,000.00
Apartment (1 bedroom) Outside of Centre 284,375.00 TSh 268,750.00-300,000.00
Apartment (3 bedrooms) in City Centre 768,750.00 TSh 537,500.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,001,041.67 TSh 403,125.00-2,100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,290,226.68 TSh
Price per Square Feet to Buy Apartment Outside of Centre 2,787,068.00 TSh
Salaries And Financing
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Average Monthly Net Salary (After Tax) 175,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00

These data are based on 14 entries from 3 contributors over the past 18 months.
Last update: February 2025

Sources and References
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