Property Prices in Bucaramanga, Colombia

Index Info
Price to Income Ratio: 17.16
Mortgage as Percentage of Income: 221.91%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 21.48
Price to Rent Ratio - Outside of Centre: 29.90
Gross Rental Yield (City Centre): 4.66%
Gross Rental Yield (Outside of Centre): 3.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 818,750.00 Col$ 600,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 637,500.00 Col$ 500,000.00-1,100,000.00
Apartment (3 bedrooms) in City Centre 1,328,571.43 Col$ 1,200,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,050,000.00 Col$ 1,000,000.00-1,200,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 340,641.64 Col$ 325,157.93-371,609.07
Price per Square Feet to Buy Apartment Outside of Centre 371,609.07 Col$ 278,706.80-464,511.33
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,117,250.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.67 6.00-12.50

These data are based on 50 entries in the past 18 months from 11 different contributors.
Last update: February 2023

Sources and References
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