Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 21.97
Mortgage as Percentage of Income: 325.88%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 18.72
Price to Rent Ratio - Outside of Centre: 17.94
Gross Rental Yield (City Centre): 5.34%
Gross Rental Yield (Outside of Centre): 5.57%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,859,069.65 Col$ 1,100,000.00-3,500,000.00
Apartment (1 bedroom) Outside of Centre 1,387,875.85 Col$ 900,000.00-2,200,000.00
Apartment (3 bedrooms) in City Centre 2,965,437.41 Col$ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,449,920.17 Col$ 1,600,000.00-4,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 669,223.34 Col$ 464,511.33-1,114,827.20
Price per Square Feet to Buy Apartment Outside of Centre 500,242.98 Col$ 371,609.07-696,767.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,432,184.38 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.89 10.00-18.20

These data are based on 313 entries in the past 18 months from 44 different contributors.
Last update: July 2024

Sources and References
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