Property Prices in Lapu-Lapu, Philippines

Index Info
Price to Income Ratio: 9.89
Mortgage as Percentage of Income: 156.28%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 9.38
Price to Rent Ratio - Outside of Centre: 8.39
Gross Rental Yield (City Centre): 10.66%
Gross Rental Yield (Outside of Centre): 11.92%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 16,416.14 ₱ 5,000.0-40,000.0
Apartment (1 bedroom) Outside of Centre 12,246.01 ₱ 3,000.0-35,000.0
Apartment (3 bedrooms) in City Centre 32,270.78 ₱ 15,000.0-100,000.0
Apartment (3 bedrooms) Outside of Centre 27,691.36 ₱ 12,000.0-60,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,251.58 ₱
Price per Square Feet to Buy Apartment Outside of Centre 2,322.56 ₱
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,166.67 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.0

These data are based on 30 entries in the past 18 months from 6 different contributors.
Last update: October 2024

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