Property Prices in Cape Verde

Index Info
Price to Income Ratio: 13.79
Mortgage as Percentage of Income: 135.02%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 11.29
Price to Rent Ratio - Outside of Centre: 13.40
Gross Rental Yield (City Centre): 8.86%
Gross Rental Yield (Outside of Centre): 7.46%
Rent Per Month
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1 Bedroom Apartment in City Centre 45,000.00 Esc 30,000.00-60,000.00
1 Bedroom Apartment Outside of City Centre 23,875.00 Esc 18,000.00-35,000.00
3 Bedroom Apartment in City Centre 55,511.14 Esc 33,066.83-110,000.00
3 Bedroom Apartment Outside of City Centre 43,750.00 Esc 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,836.96 Esc 6,038.65-11,612.78
Price per Square Feet to Buy Apartment Outside of Centre 6,539.00 Esc 3,074.97-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,000.00 Esc
Annual Mortgage Interest Rate (20-Year Fixed, in %) 7.67 4.50-9.00

These data are based on 37 entries from 8 contributors over the past 18 months.
Last update: 19 August 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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