Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 20.05
Mortgage as Percentage of Income: 288.95%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 19.48
Price to Rent Ratio - Outside of Centre: 17.32
Gross Rental Yield (City Centre): 5.13%
Gross Rental Yield (Outside of Centre): 5.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,773,563.61 Col$ 1,200,000.00-3,500,000.00
Apartment (1 bedroom) Outside of Centre 1,303,408.43 Col$ 900,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 3,063,287.74 Col$ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,648,686.90 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 687,712.63 Col$ 464,511.33-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 484,277.09 Col$ 325,157.93-650,315.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,573,192.31 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.41 10.00-18.20

These data are based on 319 entries in the past 18 months from 47 different contributors.
Last update: March 2025

Sources and References
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