Property Prices in Cape Verde

Index Info
Price to Income Ratio: 16.67
Mortgage as Percentage of Income: 163.22%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 11.86
Price to Rent Ratio - Outside of Centre: 13.16
Gross Rental Yield (City Centre): 8.43%
Gross Rental Yield (Outside of Centre): 7.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 42,871.05 Esc 30,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 23,875.00 Esc 18,000.00-38,613.14
Apartment (3 bedrooms) in City Centre 53,781.52 Esc 32,527.48-110,000.00
Apartment (3 bedrooms) Outside of Centre 46,290.41 Esc 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,898.30 Esc 6,038.65-11,612.78
Price per Square Feet to Buy Apartment Outside of Centre 6,591.09 Esc 3,074.78-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,000.00 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.67 4.50-9.00

These data are based on 36 entries from 8 contributors over the past 18 months.
Last update: 20 May 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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