Property Prices in Caracas, Venezuela

Index Info
Price to Income Ratio: 20.29
Mortgage as Percentage of Income: 535.59%
Loan Affordability Index: 0.19
Price to Rent Ratio - City Centre: 10.68
Price to Rent Ratio - Outside of Centre: 13.38
Gross Rental Yield (City Centre): 9.36%
Gross Rental Yield (Outside of Centre): 7.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 325.46 $ 200.00-800.00
Apartment (1 bedroom) Outside of Centre 362.50 $ 200.00-800.00
Apartment (3 bedrooms) in City Centre 684.88 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 471.43 $ 300.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 75.85 $ 46.45-123.84
Price per Square Feet to Buy Apartment Outside of Centre 86.06 $ 54.51-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 214.72 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 26.25 12.66-40.00

These data are based on 104 entries in the past 18 months from 19 different contributors.
Last update: August 2022

Sources and References
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