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

• Tunis
• Ariana
• Nabeul
• Ben Arous

		Last Updated: July 13, 2023
TUNIS - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Tunis (all locations)
Studio	$45,925	$226	5.91%
1-Bedroom	$53,849	$420	9.36%
2-Bedroom	$74,386	$453	7.31%
3-Bedroom	$116,430	$712	7.34%
4+Bedroom	$299,160	$1,035	4.15%
Tunis avg. Rental Yields			6.81%
ARIANA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Ariana (all locations)
Studio	$48,189	$226	5.63%
1-Bedroom	$56,760	$275	5.81%
2-Bedroom	$72,122	$307	5.11%
3-Bedroom	$93,791	$388	4.96%
Ariana avg. Rental Yields			5.38%
NABEUL - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Nabeul (all locations)
Studio	$51,747	$146	3.39%
1-Bedroom	$67,032	$243	4.35%
2-Bedroom	$96,378	$356	4.43%
3-Bedroom	$145,537	$453	3.74%
Nabeul avg. Rental Yields			3.98%
BEN AROUS - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Ben Arous (all locations)
2-Bedroom	$42,853	$188	5.26%
3-Bedroom	$58,215	$243	5.01%
Ben Arous avg. Rental Yields			5.14%
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

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).