Property Prices in Cartagena, Colombia

Index Info
Price to Income Ratio: 23.40
Mortgage as Percentage of Income: 273.90%
Loan Affordability Index: 0.37
Price to Rent Ratio - City Centre: 23.27
Price to Rent Ratio - Outside of Centre: 12.95
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 7.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,213,254.46 Col$ 1,800,000.00-3,382,620.53
Apartment (1 bedroom) Outside of Centre 1,802,709.52 Col$ 800,000.00-3,608,128.57
Apartment (3 bedrooms) in City Centre 3,012,500.00 Col$ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,503,386.90 Col$ 1,200,000.00-4,510,160.71
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 929,292.37 Col$ 650,315.87-1,486,436.27
Price per Square Feet to Buy Apartment Outside of Centre 424,696.08 Col$ 306,577.48-510,962.47
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,557,139.06 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.16 9.20-12.00

These data are based on 69 entries in the past 18 months from 12 different contributors.
Last update: September 2022

Sources and References
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