Property Prices in Guayaquil, Ecuador

Index Info
Price to Income Ratio: 13.16
Mortgage as Percentage of Income: 129.82%
Loan Affordability Index: 0.77
Price to Rent Ratio - City Centre: 15.38
Price to Rent Ratio - Outside of Centre: 21.36
Gross Rental Yield (City Centre): 6.50%
Gross Rental Yield (Outside of Centre): 4.68%
Rent Per Month
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Apartment (1 bedroom) in City Centre 350.00 $ 250.00-500.00
Apartment (1 bedroom) Outside of Centre 360.71 $ 200.00-700.00
Apartment (3 bedrooms) in City Centre 581.25 $ 400.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 794.44 $ 400.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 105.29 $ 83.61-139.35
Price per Square Feet to Buy Apartment Outside of Centre 171.87 $ 92.90-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 566.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.77 7.00-15.00

These data are based on 84 entries in the past 18 months from 13 different contributors.
Last update: July 2024

Sources and References
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