Property Prices in Manta, Ecuador

Index Info
Price to Income Ratio: 16.96
Mortgage as Percentage of Income: 219.28%
Loan Affordability Index: 0.46
Price to Rent Ratio - City Centre: 15.64
Price to Rent Ratio - Outside of Centre: 14.84
Gross Rental Yield (City Centre): 6.39%
Gross Rental Yield (Outside of Centre): 6.74%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 475.00 $ 300.00-700.00
Apartment (1 bedroom) Outside of Centre 310.00 $ 200.00-450.00
Apartment (3 bedrooms) in City Centre 1,140.00 $ 750.00-1,650.00
Apartment (3 bedrooms) Outside of Centre 758.33 $ 500.00-900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 173.17 $ 116.13-204.38
Price per Square Feet to Buy Apartment Outside of Centre 108.32 $ 102.00-111.48
Salaries And Financing
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Average Monthly Net Salary (After Tax) 446.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.66 8.50-14.50

These data are based on 42 entries in the past 18 months from 8 different contributors.
Last update: April 2024

Sources and References
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