Property Prices in Cape Verde

Index Info
Price to Income Ratio: 14.84
Mortgage as Percentage of Income: 200.22%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 16.03
Price to Rent Ratio - Outside of Centre: 20.23
Gross Rental Yield (City Centre): 6.24%
Gross Rental Yield (Outside of Centre): 4.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,797.88 Esc 25,000.00-38,584.73
Apartment (1 bedroom) Outside of Centre 19,245.63 Esc 15,364.09-38,584.73
Apartment (3 bedrooms) in City Centre 43,780.26 Esc 30,000.00-55,121.04
Apartment (3 bedrooms) Outside of Centre 33,373.68 Esc 20,000.00-55,121.04
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,881.34 Esc 7,612.58-9,515.72
Price per Square Feet to Buy Apartment Outside of Centre 7,761.70 Esc 6,185.22-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,182.04 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.33 6.00-20.00

These data are based on 37 entries in the past 18 months from 7 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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