Property Prices in Cucuta, Colombia

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Index
Price to Income Ratio:	15.14
Mortgage as Percentage of Income:	297.22%
Loan Affordability Index:	0.34
Price to Rent Ratio - City Centre:	22.98
Price to Rent Ratio - Outside of Centre:	29.42
Gross Rental Yield (City Centre):	4.35%
Gross Rental Yield (Outside of Centre):	3.40%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,010,395.65 Col$	900,000.00-1,120,791.30
Apartment (1 bedroom) Outside of Centre	700,000.00 Col$
Apartment (3 bedrooms) in City Centre	2,380,310.12 Col$	2,000,000.00-2,760,620.25
Apartment (3 bedrooms) Outside of Centre	1,090,000.00 Col$	680,000.00-1,500,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	536,052.14 Col$	371,609.07-700,495.21
Price per Square Feet to Buy Apartment Outside of Centre	392,079.63 Col$	278,706.80-505,452.46
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,650,000.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	19.20

These data are based on 13 entries in the past 18 months from 2 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Floridablanca	130.07 miles
Property Prices in Barrancabermeja	197.86 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,600.00
GDP Growth Rate:	7.26%
Population Growth Rate:	0.54%