Property Prices in Botswana 2023

Index
Price to Income Ratio 94.44
Mortgage as Percentage of Income 2
Loan Affordability Index 1.91
Price to Rent Ratio – City Centre 16.35
Price to Rent Ratio – Outside of Centre 703.47
Gross Rental Yield (City Centre) 3.17
Gross Rental Yield (Outside of Centre) 1.86
country data (source The World Bank, 2021) 1
GDP Per Capita ($) 16
GDP Growth Rate 4.4
Population Growth Rate 3.43

Rent Per Month in Botswana

Apartment (1 bedroom) in City Centre 227.63$ 154.59$ – 346.59$
Apartment (1 bedroom) Outside of Centre 156.14$ 118.2$ – 193.99$
Apartment (3 bedrooms) in City Centre 514.02$ 347.59$ – 808.37$
Apartment (3 bedrooms) Outside of Centre 390.7$ 271.79$ – 731.57$

Buy Apartment Price in Botswana

Price per Square Meter to Buy Apartment in City Centre 1066.99$ 386.99$ – 1921.93$
Price per Square Meter to Buy Apartment Outside of Centre 28156.91$ 7681.7$ – 53760.91$

Salaries And Financing in Botswana

Average Monthly Net Salary (After Tax) 793.37$ 2$ – 1$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.65$ 8.5$ – 16$

These data are based on 3800 entries in the past 34 months from 94 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Botswana – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Botswana are generally expensive compared to global standards.
According to statistics from reputable sources, the average price per square meter of a property in a major city center is around 386$ – 1921$ and 7681$ – 53760$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 227.63$ per month.

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Property Prices Rates & Safety Index in Botswana