Price/Rent Ratio in Kenya compared to Africa
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
|South Africa||11 yrs|
Kenya does not publish house price statistics. Good general economics statistics and economic reviews are available from the Kenya National Bureau of Statistics and the Bank of Kenya.