Property Prices in Cape Verde

Index Info
Price to Income Ratio: 13.87
Mortgage as Percentage of Income: 135.75%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 8.79
Price to Rent Ratio - Outside of Centre: 11.26
Gross Rental Yield (City Centre): 11.38%
Gross Rental Yield (Outside of Centre): 8.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 42,844.76 Esc 30,000.0-60,000.0
Apartment (1 bedroom) Outside of Centre 29,008.57 Esc 20,000.0-38,534.29
Apartment (3 bedrooms) in City Centre 44,862.21 Esc 34,399.84-150,000.0
Apartment (3 bedrooms) Outside of Centre 53,349.66 Esc 25,000.0-80,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,194.92 Esc 2,999.98-9,389.86
Price per Square Feet to Buy Apartment Outside of Centre 6,687.14 Esc 3,068.51-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,000.0 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.67 6.0-9.0

These data are based on 30 entries in the past 18 months from 6 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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