Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 12.84
Mortgage as Percentage of Income: 158.98%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 15.28
Price to Rent Ratio - Outside of Centre: 18.47
Gross Rental Yield (City Centre): 6.54%
Gross Rental Yield (Outside of Centre): 5.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 458.75 $ 300.00-700.00
Apartment (1 bedroom) Outside of Centre 251.88 $ 200.00-450.00
Apartment (3 bedrooms) in City Centre 640.00 $ 480.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 498.53 $ 350.00-850.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 127.74 $ 92.90-185.80
Price per Square Feet to Buy Apartment Outside of Centre 98.50 $ 74.32-139.35
Salaries And Financing
Average Monthly Net Salary (After Tax) 474.29 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00 6.16-18.00

These data are based on 168 entries in the past 18 months from 30 different contributors.
Last update: February 2023

Sources and References
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1 Comments so far
Jerry Villacres on Nov 08, 2019:
I am thinking of selling a home in Pomasqui ( Mitad del Mundo)
Where my parents lived.
We live in the U S and will consider offers over $175000
The main house has 3 bedrooms, 2 baths
It has 2 apartments with 1/1 bedroom each.
The lot is large with a creek at the end of it