Property Prices in Colombia

Index Info
Price to Income Ratio: 17.68
Mortgage as Percentage of Income: 230.86%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 20.76
Price to Rent Ratio - Outside of Centre: 21.00
Gross Rental Yield (City Centre): 4.82%
Gross Rental Yield (Outside of Centre): 4.76%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,187,997.75 Col$ 600,000.00-2,200,000.00
Apartment (1 bedroom) Outside of Centre 970,492.44 Col$ 500,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 2,109,380.96 Col$ 1,200,000.00-4,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,744,278.02 Col$ 1,000,000.00-3,100,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 496,954.63 Col$ 278,706.80-836,120.40
Price per Square Feet to Buy Apartment Outside of Centre 412,852.06 Col$ 278,706.80-650,315.87
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,384,530.52 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.81 9.00-18.00

These data are based on 1235 entries in the past 18 months from 212 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

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 12.1 9.7 5.3 10.3 18.8 155.5 0.6
Bogota 21.0 4.8 4.7 20.6 21.2 278.0 0.4
Bucaramanga 16.9 4.5 3.3 22.3 29.9 218.7 0.5
Cali 10.7 5.8 4.2 17.3 23.5 135.1 0.7
Cartagena 21.2 4.3 9.1 23.2 10.9 248.1 0.4
Medellin 16.3 6.1 4.9 16.5 20.2 206.0 0.5
This page in other languages: