Property Prices in Bakau, Gambia

Find out actual data about & Safety Index in Bakau, Gambia

Price to Income Ratio 80.21
Mortgage as Percentage of Income 936.87%
Loan Affordability Index 0.11
Price to Rent Ratio – City Centre ?
Price to Rent Ratio – Outside of Centre 53.67
Gross Rental Yield (City Centre) ?
Gross Rental Yield (Outside of Centre) 1.86%
country data (source The World Bank, 2021)
GDP Per Capita ($) 2,223.00
GDP Growth Rate 4.60%
Population Growth Rate 1.82%

Rent Per Month in Gambia

Apartment (1 bedroom) in City Centre 0$ 0$ – 0$
Apartment (1 bedroom) Outside of Centre 98.14$ 26.26$ – 167.6$
Apartment (3 bedrooms) in City Centre 301.68$ 268.16$ – 335.2$
Apartment (3 bedrooms) Outside of Centre 167.6$ 0$ – 0$

Buy Apartment Price in Gambia

Price per Square Meter to Buy Apartment in City Centre 1684.18$ 0$ – 0$
Price per Square Meter to Buy Apartment Outside of Centre 1122.78$ 0$ – 0$

Salaries And Financing in Gambia

Average Monthly Net Salary (After Tax) 87.49$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.12$ 5.25$ – 15$

These data are based on 2379 entries in the past 17 months from 234 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 Bakau in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Bakau. According to statistics, the average price per square meter of property in Bakau is around 1684$
in the city center and 98$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 0$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 4%.
While carrying some premium over national averages, overall housing in Bakau remains reasonably priced compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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