Property Prices in Colombia

Index
Price to Income Ratio:	16.95
Mortgage as Percentage of Income:	212.97%
Loan Affordability Index:	0.47
Price to Rent Ratio - City Centre:	20.08
Price to Rent Ratio - Outside of Centre:	19.60
Gross Rental Yield (City Centre):	4.98%
Gross Rental Yield (Outside of Centre):	5.10%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,053,360.25 Col$	600,000.00-1,841,189.35
Apartment (1 bedroom) Outside of Centre	969,121.73 Col$	560,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre	1,931,251.96 Col$	1,050,000.00-3,600,000.00
Apartment (3 bedrooms) Outside of Centre	1,698,504.14 Col$	1,000,000.00-3,000,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	432,379.69 Col$	249,721.29-760,225.18
Price per Square Feet to Buy Apartment Outside of Centre	380,441.06 Col$	255,481.23-570,168.88
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,290,698.39 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.22	8.00-15.00

These data are based on 1082 entries in the past 18 months from 197 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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By City in Colombia