Property Prices in Sal, Cape Verde

Index Info
Price to Income Ratio: 7.43
Mortgage as Percentage of Income: 64.71%
Loan Affordability Index: 1.55
Price to Rent Ratio - City Centre: 7.93
Price to Rent Ratio - Outside of Centre: 6.11
Gross Rental Yield (City Centre): 12.61%
Gross Rental Yield (Outside of Centre): 16.37%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 31,779.62 Esc 25,000.00-38,559.24
Apartment (1 bedroom) Outside of Centre 28,019.75 Esc 18,000.00-38,559.24
Apartment (3 bedrooms) in City Centre 42,542.31 Esc 30,000.00-55,084.62
Apartment (3 bedrooms) Outside of Centre 37,542.31 Esc 20,000.00-55,084.62
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,519.31 Esc 2,999.98-6,038.65
Price per Square Feet to Buy Apartment Outside of Centre 3,070.49 Esc
Salaries And Financing
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Average Monthly Net Salary (After Tax) 27,500.00 Esc
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.17 4.50-8.00

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

Sources and References
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