Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 18.15
Mortgage as Percentange of Income: 245.95%
Loan Affordability Index: 0.41
Price to Rent Ratio - City Centre: 19.03
Price to Rent Ratio - Outside of Centre: 18.30
Gross Rental Yield (City Centre): 5.25%
Gross Rental Yield (Outside of Centre): 5.46%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 916,691.73 Col$ 600,000.00-1,670,000.00
Apartment (1 bedroom) Outside of Centre 811,111.11 Col$ 450,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre 1,463,074.06 Col$ 1,000,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,527,500.00 Col$ 900,000.00-2,600,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 335,650.43 Col$ 185,804.53-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 307,123.96 Col$ 185,804.53-418,060.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 953,228.71 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.41 10.00-17.00

These data are based on 197 entries in the past 18 months from 33 different contributors.
Last update: December 2018

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