Property Prices in Concepcion, Chile

Index Info
Price to Income Ratio: 19.05
Mortgage as Percentage of Income: 154.67%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 22.68
Price to Rent Ratio - Outside of Centre: 25.58
Gross Rental Yield (City Centre): 4.41%
Gross Rental Yield (Outside of Centre): 3.91%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 432,222.22 CL$ 360,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 342,500.00 CL$ 300,000.00-400,000.00
Apartment (3 bedrooms) in City Centre 706,250.00 CL$ 600,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 518,750.00 CL$ 400,000.00-650,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 190,449.65 CL$ 167,224.08-213,675.21
Price per Square Feet to Buy Apartment Outside of Centre 164,901.52 CL$ 148,643.63-181,159.42
Salaries And Financing
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Average Monthly Net Salary (After Tax) 502,000.00 CL$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.30

These data are based on 59 entries in the past 18 months from 13 different contributors.
Last update: September 2024

Sources and References
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