Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 13.52
Mortgage as Percentage of Income: 167.92%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 15.10
Price to Rent Ratio - Outside of Centre: 17.52
Gross Rental Yield (City Centre): 6.62%
Gross Rental Yield (Outside of Centre): 5.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 471.07 $ 300.00-750.00
Apartment (1 bedroom) Outside of Centre 276.40 $ 180.00-600.00
Apartment (3 bedrooms) in City Centre 812.96 $ 600.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 486.54 $ 300.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 141.46 $ 92.90-185.80
Price per Square Feet to Buy Apartment Outside of Centre 97.19 $ 69.68-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 474.96 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.04 7.99-17.00

These data are based on 281 entries in the past 18 months from 41 different contributors.
Last update: April 2021

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