Property Prices in Caracas, Venezuela

Index Info
Price to Income Ratio: 22.04
Mortgage as Percentage of Income: 491.13%
Loan Affordability Index: 0.20
Price to Rent Ratio - City Centre: 9.35
Price to Rent Ratio - Outside of Centre: 14.60
Gross Rental Yield (City Centre): 10.69%
Gross Rental Yield (Outside of Centre): 6.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 394.44 $ 250.00-800.00
Apartment (1 bedroom) Outside of Centre 366.67 $ 300.00-500.00
Apartment (3 bedrooms) in City Centre 706.25 $ 400.00-1,700.00
Apartment (3 bedrooms) Outside of Centre 668.75 $ 400.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 74.60 $ 41.81-185.80
Price per Square Feet to Buy Apartment Outside of Centre 109.16 $ 65.03-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 224.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 22.00 16.00-60.00

These data are based on 93 entries in the past 18 months from 14 different contributors.
Last update: November 2024

Sources and References
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