Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 14.39
Mortgage as Percentage of Income: 194.69%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 17.01
Price to Rent Ratio - Outside of Centre: 18.88
Gross Rental Yield (City Centre): 5.88%
Gross Rental Yield (Outside of Centre): 5.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 443.47 $ 212.50-700.00
Apartment (1 bedroom) Outside of Centre 319.23 $ 200.00-500.00
Apartment (3 bedrooms) in City Centre 772.00 $ 400.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 546.15 $ 300.00-850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 150.63 $ 78.97-185.80
Price per Square Feet to Buy Apartment Outside of Centre 119.45 $ 74.32-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 505.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.38 9.50-17.00

These data are based on 135 entries in the past 18 months from 27 different contributors.
Last update: April 2024

Sources and References
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