Property Prices in Colombia

Index
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	Edit
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.

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By City in Colombia