Property Prices in Santa Marta, Colombia
| Index |  |
|---|---|
| Price to Income Ratio: | 18.39 |
| Mortgage as Percentage of Income: | 193.19% |
| Loan Affordability Index: | 0.52 |
| Price to Rent Ratio - City Centre: | 16.01 |
| Price to Rent Ratio - Outside of Centre: | 14.76 |
| Gross Rental Yield (City Centre): | 6.25% |
| Gross Rental Yield (Outside of Centre): | 6.77% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,166,666.67 Col$ | |
| Apartment (1 bedroom) Outside of Centre | 1,883,658.58 Col$ | |
| Apartment (3 bedrooms) in City Centre | 2,864,187.33 Col$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,300,000.00 Col$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 440,547.54 Col$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 482,033.41 Col$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,350,000.00 Col$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.62 |
These data are based on 21 entries from 4 contributors over the past 18 months.
Last update: April 2025
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