Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 18.78
Mortgage as Percentange of Income: 252.34%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 19.56
Price to Rent Ratio - Outside of Centre: 18.15
Gross Rental Yield (City Centre): 5.11%
Gross Rental Yield (Outside of Centre): 5.51%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 919,217.48 Col$ 600,000.00-1,670,000.00
Apartment (1 bedroom) Outside of Centre 842,307.69 Col$ 500,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre 1,422,203.66 Col$ 1,000,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,576,206.90 Col$ 900,000.00-2,600,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 341,415.83 Col$ 232,255.67-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 315,321.22 Col$ 185,804.53-418,060.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 940,930.67 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.26 9.60-17.00

These data are based on 189 entries in the past 18 months from 34 different contributors.
Last update: September 2018

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