Property Prices in Colombia

Index Info
Price to Income Ratio: 18.23
Mortgage as Percentage of Income: 234.04%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 19.89
Price to Rent Ratio - Outside of Centre: 22.13
Gross Rental Yield (City Centre): 5.03%
Gross Rental Yield (Outside of Centre): 4.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,088,042.11 Col$ 600,000.00-2,132,025.66
Apartment (1 bedroom) Outside of Centre 794,290.56 Col$ 450,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre 1,789,769.09 Col$ 1,000,000.00-4,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,446,950.36 Col$ 900,000.00-2,800,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 421,575.72 Col$ 249,721.29-836,120.40
Price per Square Feet to Buy Apartment Outside of Centre 358,262.71 Col$ 232,255.67-557,413.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,151,298.69 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.55 8.00-18.00

These data are based on 1486 entries in the past 18 months from 238 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Colombia

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Barranquilla 13.57 6.11 4.86 16.35 20.56 188.91 0.53
Bogota 24.85 5.13 4.86 19.50 20.60 326.81 0.31
Bucaramanga 16.67 4.82 3.12 20.73 32.07 209.24 0.48
Cali 13.61 4.67 4.22 21.41 23.69 190.89 0.52
Medellin 16.50 5.85 4.58 17.08 21.81 204.79 0.49
This page in other languages:

DeutschImmobilienpreise in Kolumbien
PortuguêsPreços de Imóveis na Colômbia
ItalianoPrezzi delle proprietà immobiliari in Colombia
FrançaisPrix de l'immobilier en Colombie
EspañolPrecios de Inmuebles en Colombia