Property Prices in Quito, Ecuador

Index Info
Price to Income Ratio: 12.03
Mortgage as Percentage of Income: 149.59%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 16.81
Price to Rent Ratio - Outside of Centre: 16.19
Gross Rental Yield (City Centre): 5.95%
Gross Rental Yield (Outside of Centre): 6.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 461.67 $ 250.00-700.00
Apartment (1 bedroom) Outside of Centre 379.55 $ 240.00-600.00
Apartment (3 bedrooms) in City Centre 802.50 $ 480.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 580.45 $ 385.00-800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 154.84 $ 120.77-185.80
Price per Square Feet to Buy Apartment Outside of Centre 116.13 $ 74.32-148.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 606.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.06 7.00-14.00

These data are based on 115 entries in the past 18 months from 22 different contributors.
Last update: November 2024

Sources and References
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