Property Prices in Bogota, Colombia

Index Info
Price to Income Ratio: 21.34
Mortgage as Percentage of Income: 305.01%
Loan Affordability Index: 0.33
Price to Rent Ratio - City Centre: 19.63
Price to Rent Ratio - Outside of Centre: 18.24
Gross Rental Yield (City Centre): 5.09%
Gross Rental Yield (Outside of Centre): 5.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,812,962.60 Col$ 1,200,000.00-3,500,000.00
Apartment (1 bedroom) Outside of Centre 1,308,666.46 Col$ 900,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 3,185,674.48 Col$ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,647,985.63 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 713,803.69 Col$ 480,490.52-929,022.67
Price per Square Feet to Buy Apartment Outside of Centre 510,848.95 Col$ 353,028.61-743,218.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,544,120.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.27 10.00-18.20

These data are based on 326 entries in the past 18 months from 48 different contributors.
Last update: February 2025

Sources and References
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