Property Prices in Cape Verde

Index Info
Price to Income Ratio: 16.99
Mortgage as Percentage of Income: 166.35%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 11.72
Price to Rent Ratio - Outside of Centre: 12.52
Gross Rental Yield (City Centre): 8.53%
Gross Rental Yield (Outside of Centre): 7.98%
Rent Per Month
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Apartment (1 bedroom) in City Centre 42,986.95 Esc 30,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 23,875.00 Esc 18,000.00-38,960.85
Apartment (3 bedrooms) in City Centre 57,847.18 Esc 33,577.53-150,000.00
Apartment (3 bedrooms) Outside of Centre 53,552.79 Esc 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 9,053.50 Esc 6,038.65-11,612.78
Price per Square Feet to Buy Apartment Outside of Centre 6,732.23 Esc 3,102.47-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,000.00 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.67 4.50-9.00

These data are based on 35 entries in the past 18 months from 7 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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