Gaborone mortgages near 94% of property value
A P1 million property with a P937,000 mortgage leaves owners with only P63,000 equity.
The average mortgage loan-to-value ratio in Greater Gaborone has climbed to 93.7 percent, according to the Bank of Botswana’s 2025/26 Household Indebtedness Survey. This means a P1 million property financed with a P937,000 mortgage leaves its owner with just P63,000 in housing equity.
A modest fall in the property’s value could wipe out this financial cushion, illustrating emerging exposure in Greater Gaborone.
The survey highlights the growing risk for homeowners in the region.
Why it mattersHomeowners in Greater Gaborone face significant risk as their mortgage debt approaches the full value of their properties.