Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 22.08
Mortgage as Percentage of Income: 325.25%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 20.71
Price to Rent Ratio - Outside of Centre: 19.81
Gross Rental Yield (City Centre): 4.83%
Gross Rental Yield (Outside of Centre): 5.05%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,778,622.99 Col$ 1,100,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,211,684.80 Col$ 800,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 2,763,985.52 Col$ 2,200,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,368,315.77 Col$ 1,600,000.00-4,000,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 700,681.01 Col$ 537,068.00-1,114,827.20
Price per Square Feet to Buy Apartment Outside of Centre 505,452.65 Col$ 371,609.07-696,767.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,470,290.15 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 10.00-18.20

These data are based on 306 entries in the past 18 months from 47 different contributors.
Last update: April 2024

Sources and References
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1 Comments so far
Artur I Smirnoff on Apr 23, 2024:
Hello,
Greetings, how are you doing today? I’m an investor. I want to invest in your country on real estate I wish to have an in depth discussion with you for business purposes.
Thanks

Artur I Smirnoff