Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 22.32
Mortgage as Percentage of Income: 318.77%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 19.91
Price to Rent Ratio - Outside of Centre: 18.66
Gross Rental Yield (City Centre): 5.02%
Gross Rental Yield (Outside of Centre): 5.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,747,246.66 Col$ 1,200,000.00-2,500,000.00
Apartment (1 bedroom) Outside of Centre 1,330,630.50 Col$ 900,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 3,015,655.98 Col$ 2,400,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,524,435.98 Col$ 2,000,000.00-4,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 692,231.75 Col$ 464,511.33-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 515,478.60 Col$ 353,028.61-743,218.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,456,144.24 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.26 10.00-18.20

These data are based on 310 entries in the past 18 months from 47 different contributors.
Last update: December 2024

Sources and References
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