Property Prices in Bogota, Colombia

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Index Info
Price to Income Ratio: 20.31
Mortgage as Percentage of Income: 284.42%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 18.07
Price to Rent Ratio - Outside of Centre: 17.24
Gross Rental Yield (City Centre): 5.54%
Gross Rental Yield (Outside of Centre): 5.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,878,327.61 Col$ 1,200,000.00-3,500,000.00
Apartment (1 bedroom) Outside of Centre 1,345,637.50 Col$ 900,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 3,398,122.17 Col$ 2,500,000.00-6,500,000.00
Apartment (3 bedrooms) Outside of Centre 2,668,944.32 Col$ 2,000,000.00-4,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 689,423.05 Col$ 464,511.33-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 491,775.78 Col$ 325,157.93-696,767.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,564,705.76 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.93 10.00-18.00

These data are based on 265 entries from 39 contributors over the past 18 months.
Last update: 8 June 2025

Sources and References
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