Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 15.49
Mortgage as Percentage of Income: 195.94%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 17.82
Price to Rent Ratio - Outside of Centre: 21.40
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 4.67%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,402,867.89 Col$ 900,000.00-2,407,025.50
Apartment (1 bedroom) Outside of Centre 1,119,313.71 Col$ 700,000.00-2,000,000.00
Apartment (3 bedrooms) in City Centre 2,467,231.14 Col$ 1,500,000.00-4,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,925,319.34 Col$ 1,300,000.00-3,000,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 501,489.54 Col$ 371,609.07-743,218.13
Price per Square Feet to Buy Apartment Outside of Centre 475,725.14 Col$ 357,673.73-724,637.68
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,698,130.46 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.33 8.00-18.00

These data are based on 227 entries in the past 18 months from 41 different contributors.
Last update: March 2023

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far