Property Prices in Chiclayo, Peru

Index Info
Price to Income Ratio: 16.16
Mortgage as Percentage of Income: 187.17%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 26.04
Price to Rent Ratio - Outside of Centre: 28.64
Gross Rental Yield (City Centre): 3.84%
Gross Rental Yield (Outside of Centre): 3.49%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 450.00 S/. 300.00-600.00
Apartment (1 bedroom) Outside of Centre 500.00 S/. 500.00-500.00
Apartment (3 bedrooms) in City Centre 1,150.00 S/. 800.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 1,300.00 S/. 1,200.00-1,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 282.37 S/. 211.71-353.03
Price per Square Feet to Buy Apartment Outside of Centre 348.30 S/. 343.74-352.85
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,050.00 S/.
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00

These data are based on 15 entries in the past 18 months from 2 different contributors.
Last update: November 2024

Sources and References
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