Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 13.45
Mortgage as Percentage of Income: 170.07%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 16.44
Price to Rent Ratio - Outside of Centre: 19.77
Gross Rental Yield (City Centre): 6.08%
Gross Rental Yield (Outside of Centre): 5.06%
Rent Per Month
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Apartment (1 bedroom) in City Centre 357.69 $ 250.00-500.00
Apartment (1 bedroom) Outside of Centre 309.44 $ 200.00-450.00
Apartment (3 bedrooms) in City Centre 662.50 $ 500.00-800.00
Apartment (3 bedrooms) Outside of Centre 540.00 $ 350.00-725.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 120.77 $ 92.90-144.00
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) 486.43 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.32 10.00-12.00

These data are based on 90 entries in the past 18 months from 18 different contributors.
Last update: July 2024

Sources and References
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