Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 20.11
Mortgage as Percentange of Income: 282.01%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 20.24
Price to Rent Ratio - Outside of Centre: 20.32
Gross Rental Yield (City Centre): 4.94%
Gross Rental Yield (Outside of Centre): 4.92%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 757,900.50 Col$ 500,000.00-1,150,000.00
Apartment (1 bedroom) Outside of Centre 756,388.89 Col$ 500,000.00-1,200,000.00
Apartment (3 bedrooms) in City Centre 1,310,625.00 Col$ 900,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,321,111.11 Col$ 800,000.00-2,250,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 305,505.53 Col$ 167,224.08-418,060.20
Price per Square Feet to Buy Apartment Outside of Centre 307,422.05 Col$ 260,126.35-371,609.07
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 820,000.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 12.95 8.00-18.00

These data are based on 120 entries in the past 18 months from 20 different contributors.
Last update: December 2017

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