Property Prices in Cape Verde

Index Info
Price to Income Ratio: 14.87
Mortgage as Percentage of Income: 200.62%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 16.08
Price to Rent Ratio - Outside of Centre: 20.26
Gross Rental Yield (City Centre): 6.22%
Gross Rental Yield (Outside of Centre): 4.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,818.84 Esc 25,000.00-38,578.43
Apartment (1 bedroom) Outside of Centre 19,267.26 Esc 15,418.16-38,578.43
Apartment (3 bedrooms) in City Centre 43,778.01 Esc 30,000.00-55,112.04
Apartment (3 bedrooms) Outside of Centre 33,370.68 Esc 20,000.00-55,112.04
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,912.60 Esc 7,639.37-9,549.21
Price per Square Feet to Buy Apartment Outside of Centre 7,778.45 Esc 6,206.99-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,209.08 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: 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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