Property Prices in Cape Verde

Index Info
Price to Income Ratio: 14.80
Mortgage as Percentage of Income: 199.68%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 15.96
Price to Rent Ratio - Outside of Centre: 20.18
Gross Rental Yield (City Centre): 6.27%
Gross Rental Yield (Outside of Centre): 4.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,773.89 Esc 25,000.00-38,610.91
Apartment (1 bedroom) Outside of Centre 19,216.32 Esc 15,290.80-38,610.91
Apartment (3 bedrooms) in City Centre 43,789.61 Esc 30,000.00-55,158.45
Apartment (3 bedrooms) Outside of Centre 33,386.15 Esc 20,000.00-55,158.45
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,838.98 Esc 7,576.27-9,470.33
Price per Square Feet to Buy Apartment Outside of Centre 7,739.01 Esc 6,155.72-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,145.40 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.33 6.00-20.00

These data are based on 37 entries in the past 18 months from 7 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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