Property Prices in Ambato, Ecuador

Index Info
Price to Income Ratio: 6.43
Mortgage as Percentage of Income: 64.53%
Loan Affordability Index: 1.55
Price to Rent Ratio - City Centre: 25.11
Price to Rent Ratio - Outside of Centre: 22.32
Gross Rental Yield (City Centre): 3.98%
Gross Rental Yield (Outside of Centre): 4.48%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 200.00 $
Apartment (1 bedroom) Outside of Centre 185.00 $ 150.00-220.00
Apartment (3 bedrooms) in City Centre 290.00 $ 280.00-300.00
Apartment (3 bedrooms) Outside of Centre 250.00 $ 200.00-300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 92.90 $
Price per Square Feet to Buy Apartment Outside of Centre 74.32 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 700.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.00 7.00-9.00

These data are based on 15 entries in the past 18 months from 4 different contributors.
Last update: April 2024

Sources and References
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