Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 22.14
Mortgage as Percentage of Income: 317.35%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 18.39
Price to Rent Ratio - Outside of Centre: 18.14
Gross Rental Yield (City Centre): 5.44%
Gross Rental Yield (Outside of Centre): 5.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,828,794.31 Col$ 1,100,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,364,233.51 Col$ 900,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 2,886,419.02 Col$ 2,400,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,402,722.67 Col$ 1,700,000.00-4,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 644,021.52 Col$ 436,640.65-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 496,886.42 Col$ 325,157.93-743,218.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,386,527.55 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.32 10.00-18.20

These data are based on 328 entries in the past 18 months from 51 different contributors.
Last update: October 2024

Sources and References
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