Property Prices in Windhoek, Namibia

Index Info
Price to Income Ratio: 6.06
Mortgage as Percentage of Income: 80.66%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 12.01
Price to Rent Ratio - Outside of Centre: 8.57
Gross Rental Yield (City Centre): 8.33%
Gross Rental Yield (Outside of Centre): 11.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 8,380.00 N$ 6,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,155.56 N$ 4,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 22,111.11 N$ 15,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 16,450.00 N$ 12,000.00-25,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 26,561.67 N$ 15,000.00-40,000.00
Price per Square Meter to Buy Apartment Outside of Centre 14,016.67 N$ 9,050.00-20,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 16,729.04 N$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.11 8.00-15.00

These data are based on 86 entries from 15 contributors over the past 18 months.
Last update: April 2025

Sources and References
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