Property Prices in Havana, Cuba

Index Info
Price to Income Ratio: 57.40
Mortgage as Percentage of Income: 590.55%
Loan Affordability Index: 0.17
Price to Rent Ratio - City Centre: 3.98
Price to Rent Ratio - Outside of Centre: 4.46
Gross Rental Yield (City Centre): 25.13%
Gross Rental Yield (Outside of Centre): 22.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 363.87 $ 180.00-700.00
Apartment (1 bedroom) Outside of Centre 378.03 $ 100.00-600.00
Apartment (3 bedrooms) in City Centre 1,021.85 $ 500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 608.56 $ 300.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 36.74 $ 34.00-40.00
Price per Square Feet to Buy Apartment Outside of Centre 32.58 $ 16.72-46.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 32.50 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.33 5.00-12.00

These data are based on 42 entries in the past 18 months from 8 different contributors.
Last update: April 2024

Sources and References
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