Property Prices in Colombia

Index
Price to Income Ratio:	17.64
Mortgage as Percentage of Income:	223.70%
Loan Affordability Index:	0.45
Price to Rent Ratio - City Centre:	20.97
Price to Rent Ratio - Outside of Centre:	23.74
Gross Rental Yield (City Centre):	4.77%
Gross Rental Yield (Outside of Centre):	4.21%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	999,440.40 Col$	600,000.00-2,057,144.94
Apartment (1 bedroom) Outside of Centre	771,896.24 Col$	450,000.00-1,500,000.00
Apartment (3 bedrooms) in City Centre	1,722,473.05 Col$	1,000,000.00-3,500,000.00
Apartment (3 bedrooms) Outside of Centre	1,366,810.01 Col$	800,000.00-2,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	416,694.31 Col$	260,126.35-836,120.40
Price per Square Feet to Buy Apartment Outside of Centre	368,665.48 Col$	232,255.67-603,864.73
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,197,877.89 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.36	8.00-16.00

These data are based on 1414 entries in the past 18 months from 225 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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By City in Colombia