Property Prices in Cape Verde

Index Info
Price to Income Ratio: 14.20
Mortgage as Percentage of Income: 241.41%
Loan Affordability Index: 0.41
Price to Rent Ratio - City Centre: 16.00
Price to Rent Ratio - Outside of Centre: 18.57
Gross Rental Yield (City Centre): 6.25%
Gross Rental Yield (Outside of Centre): 5.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,778.46 Esc 25,000.00-38,564.40
Apartment (1 bedroom) Outside of Centre 17,693.23 Esc 10,000.00-27,500.00
Apartment (3 bedrooms) in City Centre 43,773.00 Esc 30,000.00-55,091.99
Apartment (3 bedrooms) Outside of Centre 30,023.00 Esc 20,000.00-55,091.99
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,861.45 Esc 7,595.53-9,494.41
Price per Square Feet to Buy Apartment Outside of Centre 6,487.85 Esc 5,221.93-8,070.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 29,079.68 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.33 8.00-20.00

These data are based on 40 entries in the past 18 months from 8 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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