Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 21.42
Mortgage as Percentage of Income: 309.17%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 19.84
Price to Rent Ratio - Outside of Centre: 18.49
Gross Rental Yield (City Centre): 5.04%
Gross Rental Yield (Outside of Centre): 5.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,767,411.53 Col$ 1,200,000.00-2,500,000.00
Apartment (1 bedroom) Outside of Centre 1,321,784.51 Col$ 900,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 3,184,983.61 Col$ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,649,981.09 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 711,028.34 Col$ 464,511.33-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 520,872.09 Col$ 353,028.61-743,218.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,547,956.52 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.44 10.00-18.20

These data are based on 302 entries in the past 18 months from 45 different contributors.
Last update: January 2025

Sources and References
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