Property Prices in Senegal 2023

Index
Price to Income Ratio 29.27
Mortgage as Percentage of Income 274.58
Loan Affordability Index 1.36
Price to Rent Ratio – City Centre 11.85
Price to Rent Ratio – Outside of Centre 23.79
Gross Rental Yield (City Centre) 8.21
Gross Rental Yield (Outside of Centre) 7.39
country data (source The World Bank, 2021) 2
GDP Per Capita ($) 0
GDP Growth Rate 8.2
Population Growth Rate 4.25

Rent Per Month in Senegal

Apartment (1 bedroom) in City Centre 844.82$ 423.43$ – 1180.21$
Apartment (1 bedroom) Outside of Centre 461.88$ 255.26$ – 1011.04$
Apartment (3 bedrooms) in City Centre 2394.84$ 1682.73$ – 4375.5$
Apartment (3 bedrooms) Outside of Centre 1012.55$ 673.69$ – 1347.39$

Buy Apartment Price in Senegal

Price per Square Meter to Buy Apartment in City Centre 2521.6$ 2523.6$ – 2523.6$
Price per Square Meter to Buy Apartment Outside of Centre 2520.6$ 1178.21$ – 4711.85$

Salaries And Financing in Senegal

Average Monthly Net Salary (After Tax) 459.48$ 2$ – 3$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.19$ 9.5$ – 12$

These data are based on 3188 entries in the past 10 months from 308 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 Senegal – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Senegal are generally expensive compared to global standards.
According to statistics from respective sources, the average price per square meter of a property in a major city center is around 2523$ – 2523$ and 1178$ – 4711$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 844.82$ per month.

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Property Prices Rates & Safety Index in Senegal