Property Prices in Cape Verde

Index Info
Price to Income Ratio: 15.86
Mortgage as Percentage of Income: 155.28%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 9.57
Price to Rent Ratio - Outside of Centre: 17.23
Gross Rental Yield (City Centre): 10.45%
Gross Rental Yield (Outside of Centre): 5.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 38,402.31 Esc 25,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 23,875.00 Esc 18,000.00-38,609.23
Apartment (3 bedrooms) in City Centre 43,789.01 Esc 30,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 45,039.01 Esc 20,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,218.90 Esc 2,999.98-9,437.83
Price per Square Feet to Buy Apartment Outside of Centre 8,516.84 Esc 8,022.16-9,011.52
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 6.00-9.00

These data are based on 32 entries in the past 18 months from 6 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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