Property Prices in Manizales, Colombia

Index Info
Price to Income Ratio: 17.24
Mortgage as Percentage of Income: 213.53%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 23.80
Price to Rent Ratio - Outside of Centre: 19.74
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 5.07%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 700,000.00 Col$ 500,000.00-900,000.00
Apartment (1 bedroom) Outside of Centre 657,500.00 Col$ 500,000.00-900,000.00
Apartment (3 bedrooms) in City Centre 1,078,571.43 Col$ 800,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 875,000.00 Col$ 600,000.00-1,200,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 315,867.71 Col$ 278,706.80-343,738.39
Price per Square Feet to Buy Apartment Outside of Centre 232,255.67 Col$ 185,804.53-278,706.80
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 855,600.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00 9.00-13.00

These data are based on 54 entries in the past 18 months from 11 different contributors.
Last update: August 2020

Sources and References
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