### Colombo Ranked World’s Most Unaffordable City for Property 📈

A report by Numbeo for 2026 has identified Colombo as the least affordable city globally for property buyers, surpassing major hubs like Hong Kong and Mumbai. • Price-to-Income Ratio: A staggering 55.3, indicating that the average property price is over 55 times the average annual household income. • Mortgage & Affordability: The mortgage burden is equivalent to 774% of average annual income. The city’s affordability index has plummeted to 0.1, reflecting extreme barriers to entry for local buyers. • Investment Yields: City Center: Gross rental yield is just 3.0%. Outside Center: Yields slightly higher at 3.8%. Low yields combined with high prices are impacting the real estate sector's attractiveness for traditional investors. • Regional Context: Colombo now ranks as more expensive relative to income than Kathmandu, Manila, Shanghai, and Hong Kong. _Note: Data based on Numbeo’s 2026 Property Prices Index._ ---