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Yorkshire and the Humber

Property in Yorkshire and the Humber House - $545,364

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Dec 08, 2005

Lack of supply has led to high yields in Botswana

Last Updated: Dec. 08, 2005
GABORONE & FRANCISTOWN COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
75 sq. m. 70,000 550 9.43% 933 7.30
100 sq. m. 110,000 680 7.42% 1,100 6.80
150 sq. m. 150,000 950 7.60% 1,000 6.30
200 sq. m. 180,000 1,100 7.33% 900 5.50
250 sq. m. 230,000 1,400 7.30% 920 5.60
300 sq. m. 270,000 1,700 7.56% 900 5.70
350 sq. m. 310,000 2,000 7.74% 886 5.70
600 sq. m. 550,000 3,000 6.55% 917 5.00
Source: Global Property Guide

According to Global Property Guide research, yields of 6.5% to 9.5% can be enjoyed on residential property in Gaborone and Francistown. A 200 sq. m. property would cost about BWP1.1million (US$180,000), and rent for about BWP 6,675 (US$1,100) per month; a yield of 7.3%. 

However Knight Frank Botswana reports considerably higher yields, of around 11% to 12% for a three to four bedroom executive house in Gaborone, and 12% to 18% for a four bedroom house in Francistown.






Comments

#1 KIM BEKKER | September 19, 2007

We are shocked at your comments that that residential property in Gaborone is between 5,500 to 6,600 BWPula per square metre. This is in our opinion way over the going rate in Gaborone. As for your comment that a 200sq metre property would cost about 1,1 Million BWP there is NO WAY... you must have left off a Zero. May we ask who has provided you with your facts and figures?

#2 VASCO | March 29, 2008

KimWith repect, your comments are contradictory. First you say that 5,500 BWP is "way over the going rate in Gaborone". So in your opinion a 200m2 property X 5,500 p/m = 1.1 million is too much, right? Then you contradict yourself by saying that there is no way a 200m2 property would cost 1.1 million. Instead a zero should be added to make 11 million.For the benefit of other readers/investors, I think the figure on the website are fairly accurate. I have a 230 m2 property in an OK part of Gaborone valued at about 1.2 million. The same house in the best part of town would cost double that. But not 10 times that amount. I have yet to see an 11 million BWP house in Gaborone. Regards.

#3 M. SULEIMAN | April 15, 2008

Below sourceful guide was said last updated December 2005. Can any provide most recent one for comments and discussion?Last Updated: Dec. 08, 2005 GABORONE

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