Property Prices in Concepcion, Chile

Index Info
Price to Income Ratio: 13.32
Mortgage as Percentage of Income: 93.52%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 21.03
Price to Rent Ratio - Outside of Centre: 20.86
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 4.79%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 273,333.33 CL$ 240,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre 180,000.00 CL$ 150,000.00-210,000.00
Apartment (3 bedrooms) in City Centre 415,000.00 CL$ 400,000.00-550,000.00
Apartment (3 bedrooms) Outside of Centre 300,000.00 CL$ 250,000.00-450,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 108,314.75 CL$ 46,237.46-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 73,576.43 CL$ 25,634.52-139,353.40
Salaries And Financing
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Average Monthly Net Salary (After Tax) 367,500.00 CL$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 3.20-4.00

These data are based on 42 entries in the past 18 months from 9 different contributors.
Last update: September 2020

Sources and References
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