Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 18.55
Mortgage as Percentange of Income: 247.24%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 18.53
Price to Rent Ratio - Outside of Centre: 17.77
Gross Rental Yield (City Centre): 5.40%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 920,443.55 Col$ 500,000.00-1,670,000.00
Apartment (1 bedroom) Outside of Centre 863,043.48 Col$ 550,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre 1,433,490.38 Col$ 950,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,627,307.69 Col$ 800,000.00-2,670,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 324,745.03 Col$ 232,255.67-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 317,507.16 Col$ 232,255.67-418,060.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 931,453.12 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.13 8.00-17.00

These data are based on 172 entries in the past 18 months from 31 different contributors.
Last update: June 2018

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