Property Prices in Lapu-Lapu, Philippines

Index Info
Price to Income Ratio: 9.89
Mortgage as Percentage of Income: 156.28%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 7.37
Price to Rent Ratio - Outside of Centre: 7.82
Gross Rental Yield (City Centre): 13.57%
Gross Rental Yield (Outside of Centre): 12.79%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 19,166.05 ₱ 5,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 13,819.86 ₱ 3,000.00-35,000.00
Apartment (3 bedrooms) in City Centre 44,877.13 ₱ 15,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 28,195.28 ₱ 12,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,251.58 ₱
Price per Square Feet to Buy Apartment Outside of Centre 2,322.56 ₱
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,166.67 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00

These data are based on 34 entries in the past 18 months from 7 different contributors.
Last update: January 2025

Sources and References
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