Property Prices in Popayan, Colombia

Index Info
Price to Income Ratio: 10.36
Mortgage as Percentage of Income: 191.44%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 12.41
Price to Rent Ratio - Outside of Centre: 16.20
Gross Rental Yield (City Centre): 8.06%
Gross Rental Yield (Outside of Centre): 6.17%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 850,000.00 Col$ 800,000.00-900,000.00
Apartment (1 bedroom) Outside of Centre 450,000.00 Col$ 400,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 2,350,000.00 Col$ 2,200,000.00-2,500,000.00
Apartment (3 bedrooms) Outside of Centre 1,500,000.00 Col$ 1,200,000.00-1,800,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 265,434.97 Col$
Price per Square Feet to Buy Apartment Outside of Centre 204,384.99 Col$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,220,000.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.95

These data are based on 12 entries in the past 18 months from 2 different contributors.
Last update: May 2024

Sources and References
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