Find out actual data about & Safety Index in Marsa Al-burayqah, Libya
| Index | |
|---|---|
| Price to Income Ratio | 10.03 |
| Mortgage as Percentage of Income | 164.10% |
| Loan Affordability Index | 0.61 |
| Price to Rent Ratio – City Centre | 19.13 |
| Price to Rent Ratio – Outside of Centre | 15.17 |
| Gross Rental Yield (City Centre) | 5.23% |
| Gross Rental Yield (Outside of Centre) | 6.59% |
| country data (source The World Bank, 2021) | |
| GDP Per Capita ($) | 15,174.00 |
| GDP Growth Rate | 64.00% |
| Population Growth Rate | 1.76% |
Rent Per Month in Libya
| Apartment (1 bedroom) in City Centre | 185.06$ | 105.41$ – 316.23$ |
| Apartment (1 bedroom) Outside of Centre | 110.95$ | 84.33$ – 189.74$ |
| Apartment (3 bedrooms) in City Centre | 410.55$ | 210.82$ – 632.46$ |
| Apartment (3 bedrooms) Outside of Centre | 219.89$ | 149.74$ – 316.23$ |
Buy Apartment Price in Libya
| Price per Square Meter to Buy Apartment in City Centre | 853.28$ | 282.51$ – 3162.32$ |
| Price per Square Meter to Buy Apartment Outside of Centre | 383.84$ | 199.65$ – 843.29$ |
Salaries And Financing in Libya
| Average Monthly Net Salary (After Tax) | 308.3$ | 0$ – 0$ |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.62$ | 7.2$ – 25$ |
These data are based on 3062 entries in the past 15 months from 465 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 Marsa Al-burayqah in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Marsa Al-burayqah. According to statistics, the average price per square meter of property in Marsa Al-burayqah is around 853$
in the city center and 110$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 185$ per month.
Property price growth has risen in recent years, making housing less affordable. Rental yields range from 5%.
While carrying some premium over national averages, overall housing in Marsa Al-burayqah remains reasonably priced compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.
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