Property Prices in Caracas, Venezuela

Index Info
Price to Income Ratio: 25.13
Mortgage as Percentage of Income: 592.24%
Loan Affordability Index: 0.17
Price to Rent Ratio - City Centre: 8.20
Price to Rent Ratio - Outside of Centre: 14.22
Gross Rental Yield (City Centre): 12.19%
Gross Rental Yield (Outside of Centre): 7.03%
Rent Per Month
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Apartment (1 bedroom) in City Centre 394.44 $ 300.00-600.00
Apartment (1 bedroom) Outside of Centre 359.09 $ 250.00-600.00
Apartment (3 bedrooms) in City Centre 900.00 $ 450.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 725.00 $ 450.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 73.47 $ 41.81-185.80
Price per Square Feet to Buy Apartment Outside of Centre 109.16 $ 65.03-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 195.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 23.33 20.00-30.00

These data are based on 104 entries in the past 18 months from 16 different contributors.
Last update: July 2024

Sources and References
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