• Oman

    • Oman ranked 11th in Global Real Estate Investment Return Index

    By on August 14, 2023

    The Sultanate of Oman ranked 11th globally in the global return on real estate investment index issued by the tax advisory firm “Nomad Capitalist”.

    The Sultanate came with the UAE, Saudi Arabia and Qatar as the best Arab countries in the real estate investment return index and in the price-to-income ratio factor, which measures the ability of an individual to purchase a property, whose value is calculated by comparing the average cost of an apartment with the average amount remaining for the family after paying all its bills and expenses. The rate in the Sultanate of Oman is 3.6%, according to the index.

    In net rental income, which calculates the percentage of total rent received in a year compared to the price of an apartment in the city centre, the rate in Oman was 7.2%.

    The Nomad Real Estate Return Index is designed to track the performance of real estate markets in 103 different countries, including both developed and developing real estate markets, and measure the true value of real estate.

    “Nomad Capitalist” stated that it means the return in commercial real estate, the money earned annually from investment, and it calculates this as a percentage of the total cost of the asset or sometimes the estimated current value, as the index depends on 5 factors distributed in percentages for each factor, which are: Price-to-income ratio (25%), net rental income (37.5%), loan affordability (12.5%), cost of buying and selling a property later (12.5%), and tax on rental income (12.5%).

    The UAE ranked first in the index, followed by Puerto Rico and South Africa.

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