Property Prices in Praia, Cape Verde

Index Info
Price to Income Ratio: 16.82
Mortgage as Percentage of Income: 258.33%
Loan Affordability Index: 0.39
Price to Rent Ratio - City Centre: 17.89
Price to Rent Ratio - Outside of Centre: 31.55
Gross Rental Yield (City Centre): 5.59%
Gross Rental Yield (Outside of Centre): 3.17%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 25,000.00 Esc 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 14,150.93 Esc 7,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 40,000.00 Esc 30,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 22,500.00 Esc 20,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,613.60 Esc 7,656.53-9,570.67
Price per Square Feet to Buy Apartment Outside of Centre 8,573.29 Esc 8,135.07-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 27,500.00 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.50 9.00-20.00

These data are based on 18 entries in the past 18 months from 3 different contributors.
Last update: February 2024

Sources and References
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