Property Prices in Caracas, Venezuela

Index Info
Price to Income Ratio: 27.61
Mortgage as Percentage of Income: 658.32%
Loan Affordability Index: 0.15
Price to Rent Ratio - City Centre: 8.83
Price to Rent Ratio - Outside of Centre: 16.15
Gross Rental Yield (City Centre): 11.32%
Gross Rental Yield (Outside of Centre): 6.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 322.22 $ 200.00-600.00
Apartment (1 bedroom) Outside of Centre 361.11 $ 250.00-600.00
Apartment (3 bedrooms) in City Centre 812.50 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 600.00 $ 300.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 68.08 $ 46.45-123.84
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $ 65.03-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 177.62 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 23.62 16.00-40.00

These data are based on 107 entries in the past 18 months from 21 different contributors.
Last update: May 2023

Sources and References
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