Property Prices in Praia, Cape Verde

Index Info
Price to Income Ratio: 25.96
Mortgage as Percentage of Income: 280.33%
Loan Affordability Index: 0.36
Price to Rent Ratio - City Centre: 10.40
Price to Rent Ratio - Outside of Centre: 15.85
Gross Rental Yield (City Centre): 9.62%
Gross Rental Yield (Outside of Centre): 6.31%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 45,000.00 Esc 30,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 25,000.00 Esc 20,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 103,333.33 Esc 50,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 52,500.00 Esc 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,663.24 Esc 9,713.70-11,612.78
Price per Square Feet to Buy Apartment Outside of Centre 8,634.08 Esc 8,256.64-9,011.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 20,000.00 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.00

These data are based on 16 entries in the past 18 months from 4 different contributors.
Last update: November 2024

Sources and References
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