Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 13.70
Mortgage as Percentage of Income: 174.51%
Loan Affordability Index: 0.57
Price to Rent Ratio - City Centre: 16.26
Price to Rent Ratio - Outside of Centre: 20.86
Gross Rental Yield (City Centre): 6.15%
Gross Rental Yield (Outside of Centre): 4.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 437.94 $ 270.00-650.00
Apartment (1 bedroom) Outside of Centre 255.00 $ 200.00-450.00
Apartment (3 bedrooms) in City Centre 657.50 $ 400.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 489.58 $ 350.00-800.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 133.55 $ 78.97-185.80
Price per Square Feet to Buy Apartment Outside of Centre 111.05 $ 74.32-148.64
Salaries And Financing
Average Monthly Net Salary (After Tax) 480.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.43 6.16-17.00

These data are based on 128 entries in the past 18 months from 25 different contributors.
Last update: September 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