Property Prices in Medellin, Colombia

Index Info
Price to Income Ratio: 18.96
Mortgage as Percentange of Income: 247.01%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 18.28
Price to Rent Ratio - Outside of Centre: 17.76
Gross Rental Yield (City Centre): 5.47%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 924,317.64 Col$ 500,000.00-1,670,000.00
Apartment (1 bedroom) Outside of Centre 868,181.82 Col$ 550,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre 1,491,428.57 Col$ 1,000,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,710,869.57 Col$ 800,000.00-2,670,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 326,520.50 Col$ 185,804.53-418,060.20
Price per Square Feet to Buy Apartment Outside of Centre 325,872.57 Col$ 232,255.67-418,060.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 925,882.35 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.78 8.00-17.00

These data are based on 153 entries in the past 18 months from 29 different contributors.
Last update: March 2018

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