Property Prices in Caracas, Venezuela

Index Info
Price to Income Ratio: 26.56
Mortgage as Percentage of Income: 759.68%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 11.87
Price to Rent Ratio - Outside of Centre: 16.94
Gross Rental Yield (City Centre): 8.43%
Gross Rental Yield (Outside of Centre): 5.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 311.11 $ 200.00-500.00
Apartment (1 bedroom) Outside of Centre 344.44 $ 250.00-500.00
Apartment (3 bedrooms) in City Centre 612.50 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 572.22 $ 300.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 78.00 $ 46.45-123.84
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $ 65.03-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 194.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 28.50 20.00-40.00

These data are based on 104 entries in the past 18 months from 22 different contributors.
Last update: February 2024

Sources and References
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