Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 12.84
Mortgage as Percentage of Income: 160.96%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 16.12
Price to Rent Ratio - Outside of Centre: 18.75
Gross Rental Yield (City Centre): 6.20%
Gross Rental Yield (Outside of Centre): 5.33%
Rent Per Month
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Apartment (1 bedroom) in City Centre 366.67 $ 250.00-600.00
Apartment (1 bedroom) Outside of Centre 332.50 $ 200.00-450.00
Apartment (3 bedrooms) in City Centre 671.43 $ 500.00-800.00
Apartment (3 bedrooms) Outside of Centre 555.83 $ 350.00-850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 120.77 $ 92.90-148.64
Price per Square Feet to Buy Apartment Outside of Centre 122.32 $ 106.84-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 509.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.18 9.00-13.00

These data are based on 81 entries in the past 18 months from 17 different contributors.
Last update: March 2024

Sources and References
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