Property Prices in Cape Verde

Index Info
Price to Income Ratio: 14.78
Mortgage as Percentage of Income: 223.80%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 15.94
Price to Rent Ratio - Outside of Centre: 20.17
Gross Rental Yield (City Centre): 6.27%
Gross Rental Yield (Outside of Centre): 4.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,744.62 Esc 25,000.00-38,547.19
Apartment (1 bedroom) Outside of Centre 19,203.51 Esc 15,258.77-38,547.19
Apartment (3 bedrooms) in City Centre 43,766.86 Esc 30,000.00-55,067.42
Apartment (3 bedrooms) Outside of Centre 33,355.81 Esc 20,000.00-55,067.42
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,820.47 Esc 7,560.40-9,450.50
Price per Square Feet to Buy Apartment Outside of Centre 7,729.09 Esc 6,142.82-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,129.39 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.25 6.00-20.00

These data are based on 38 entries in the past 18 months from 7 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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