Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 13.90
Mortgage as Percentage of Income: 174.20%
Loan Affordability Index: 0.57
Price to Rent Ratio - City Centre: 15.04
Price to Rent Ratio - Outside of Centre: 16.86
Gross Rental Yield (City Centre): 6.65%
Gross Rental Yield (Outside of Centre): 5.93%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 423.08 $ 350.00-500.00
Apartment (1 bedroom) Outside of Centre 368.50 $ 330.00-450.00
Apartment (3 bedrooms) in City Centre 702.27 $ 600.00-800.00
Apartment (3 bedrooms) Outside of Centre 562.31 $ 400.00-725.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 124.49 $ 92.90-148.64
Price per Square Feet to Buy Apartment Outside of Centre 117.29 $ 102.19-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 468.12 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.18 9.00-12.00

These data are based on 100 entries in the past 18 months from 20 different contributors.
Last update: September 2023

Sources and References
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