Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 22.10
Mortgage as Percentage of Income: 325.59%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 20.72
Price to Rent Ratio - Outside of Centre: 19.96
Gross Rental Yield (City Centre): 4.83%
Gross Rental Yield (Outside of Centre): 5.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,777,578.04 Col$ 1,100,000.00-3,000,000.00
Apartment (1 bedroom) Outside of Centre 1,218,432.87 Col$ 800,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 2,762,804.76 Col$ 2,200,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,317,825.99 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 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) 1,468,752.67 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 10.00-18.20

These data are based on 304 entries in the past 18 months from 47 different contributors.
Last update: April 2024

Sources and References
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