Property Prices in Cartagena, Colombia

Index Info
Price to Income Ratio: 30.53
Mortgage as Percentage of Income: 482.43%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 15.05
Price to Rent Ratio - Outside of Centre: 21.91
Gross Rental Yield (City Centre): 6.64%
Gross Rental Yield (Outside of Centre): 4.57%

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Rent Per Month
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1 Bedroom Apartment in City Centre 3,443,333.33 Col$ 3,000,000.00-4,000,000.00
1 Bedroom Apartment Outside of City Centre 1,680,452.01 Col$ 1,500,000.00-2,000,000.00
3 Bedroom Apartment in City Centre 5,820,000.00 Col$ 5,000,000.00-7,280,000.00
3 Bedroom Apartment Outside of City Centre 2,310,000.00 Col$ 1,000,000.00-3,030,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,021,924.93 Col$
Price per Square Feet to Buy Apartment Outside of Centre 666,792.21 Col$ 278,706.80-1,054,877.63
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,488,461.87 Col$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 15.00

These data are based on 28 entries from 7 contributors over the past 18 months.
Last update: 9 February 2026

Sources and References
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