Gross rental yields in Tunisia: Tunis and 3 other cities

The average gross rental yield in Tunisia stands at 5.20% (Q2, 2023). Previously, in Q2, 2023 the average gross rental yield stood at 5.33%.

  • Tunis
  • Ariana
  • Nabeul
  • Ben Arous
  Last Updated: Apr 25, 2024
TUNIS - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Tunis (all locations)  
Studio $45,622 $225 5.92%
1-Bedroom $54,618 $418 9.18%
2-Bedroom $75,502 $466 7.41%
3-Bedroom $120,161 $594 5.93%
4+Bedroom $170,281 $835 5.88%
Tunis avg. Rental Yields 6.86%
ARIANA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ariana (all locations)  
Studio $48,996 $205 5.02%
1-Bedroom $56,385 $273 5.81%
2-Bedroom $77,911 $290 4.47%
3-Bedroom $93,976 $385 4.92%
Ariana avg. Rental Yields 5.05%
NABEUL - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Nabeul (all locations)  
Studio $51,887 $145 3.35%
1-Bedroom $67,470 $241 4.29%
2-Bedroom $100,718 $321 3.82%
3-Bedroom $144,578 $370 3.07%
Nabeul avg. Rental Yields 3.63%
BEN AROUS - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ben Arous (all locations)  
2-Bedroom $42,570 $186 5.24%
3-Bedroom $54,618 $240 5.27%
Ben Arous avg. Rental Yields 5.26%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Menzili
Tunisia´s Historic Rental Yield Data

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Tunisia. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).

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