Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 13.80
Mortgage as Percentage of Income: 171.61%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 15.78
Price to Rent Ratio - Outside of Centre: 14.09
Gross Rental Yield (City Centre): 6.34%
Gross Rental Yield (Outside of Centre): 7.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 392.35 $ 300.00-500.00
Apartment (1 bedroom) Outside of Centre 316.43 $ 250.00-450.00
Apartment (3 bedrooms) in City Centre 626.47 $ 450.00-900.00
Apartment (3 bedrooms) Outside of Centre 531.58 $ 400.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 119.10 $ 83.61-139.35
Price per Square Feet to Buy Apartment Outside of Centre 87.68 $ 74.32-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 403.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.06 9.90-12.00

These data are based on 137 entries in the past 18 months from 28 different contributors.
Last update: August 2021

Sources and References
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