Property Prices in Guinea 2023

Index
Price to Income Ratio 0.13
Mortgage as Percentage of Income 9.06
Loan Affordability Index 15.16
Price to Rent Ratio – City Centre 3.62
Price to Rent Ratio – Outside of Centre 5.23
Gross Rental Yield (City Centre) 37.1
Gross Rental Yield (Outside of Centre) 20.62
country data (source The World Bank, 2021) 3
GDP Per Capita ($) 5
GDP Growth Rate 11.2
Population Growth Rate 0.76

Rent Per Month in Guinea

Apartment (1 bedroom) in City Centre 537.38$ 201$ – 1203$
Apartment (1 bedroom) Outside of Centre 298$ 202$ – 402$
Apartment (3 bedrooms) in City Centre 1348$ 901$ – 3084.36$
Apartment (3 bedrooms) Outside of Centre 1070.38$ 702$ – 1690.5$

Buy Apartment Price in Guinea

Price per Square Meter to Buy Apartment in City Centre 360.49$ 228.97$ – 501$
Price per Square Meter to Buy Apartment Outside of Centre 403$ 2$ – 1$

Salaries And Financing in Guinea

Average Monthly Net Salary (After Tax) 2207.56$ 3$ – 2$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.36$ 2$ – 1$

These data are based on 2925 entries in the past 29 months from 242 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 Guinea – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Guinea are generally affordable compared to global standards.
According to statistics from relevant sources, the average price per square meter of a property in a major city center is around 228$ – 501$ and 2$ – 1$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 537.38$ per month.

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Property Prices Rates & Safety Index in Guinea