Square Metre Prices in South Africa 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).

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South Africa $ 4,214
Ghana $ 2,273
Kenya $ 1,687
Cape Verde $ 1,300
Tanzania $ 700
Gambia $ 667
Madagascar $ 520

South Africa does not publish official house price statistics, but ABSA Group releases good house price data. ABSA has a monthly house price index and quarterly property projections. General economics statistics are available from the Reserve Bank of Africa and the First National Bank (FNB). FNB releases quarterly economic forecasts as well.