Property Prices in Cuenca, Ecuador

Index Info
Price to Income Ratio: 12.65
Mortgage as Percentage of Income: 159.97%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 15.52
Price to Rent Ratio - Outside of Centre: 19.20
Gross Rental Yield (City Centre): 6.45%
Gross Rental Yield (Outside of Centre): 5.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 345.83 $ 200.00-600.00
Apartment (1 bedroom) Outside of Centre 313.12 $ 200.00-430.00
Apartment (3 bedrooms) in City Centre 657.14 $ 500.00-800.00
Apartment (3 bedrooms) Outside of Centre 516.67 $ 450.00-725.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 111.48 $ 92.90-134.71
Price per Square Feet to Buy Apartment Outside of Centre 117.29 $ 102.19-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 486.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.32 10.00-12.00

These data are based on 81 entries in the past 18 months from 17 different contributors.
Last update: January 2025

Sources and References
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