Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 13.18
Mortgage as Percentage of Income: 171.67%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 15.17
Price to Rent Ratio - Outside of Centre: 15.44
Gross Rental Yield (City Centre): 6.59%
Gross Rental Yield (Outside of Centre): 6.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 403.75 $ 300.00-475.00
Apartment (1 bedroom) Outside of Centre 325.00 $ 200.00-400.00
Apartment (3 bedrooms) in City Centre 697.50 $ 600.00-800.00
Apartment (3 bedrooms) Outside of Centre 583.46 $ 400.00-725.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 121.93 $ 92.90-148.64
Price per Square Feet to Buy Apartment Outside of Centre 101.62 $ 83.61-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 456.43 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.78 10.80-12.00

These data are based on 93 entries in the past 18 months from 19 different contributors.
Last update: March 2023

Sources and References
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