Property Prices in Santa Marta, Colombia
| Index |  |
|---|---|
| Price to Income Ratio: | 18.79 |
| Mortgage as Percentage of Income: | 197.44% |
| Loan Affordability Index: | 0.51 |
| Price to Rent Ratio - City Centre: | 19.70 |
| Price to Rent Ratio - Outside of Centre: | 22.59 |
| Gross Rental Yield (City Centre): | 5.08% |
| Gross Rental Yield (Outside of Centre): | 4.43% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 966,666.67 Col$ | |
| Apartment (1 bedroom) Outside of Centre | 1,445,977.37 Col$ | |
| Apartment (3 bedrooms) in City Centre | 2,230,854.00 Col$ | |
| Apartment (3 bedrooms) Outside of Centre | 950,000.00 Col$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 435,005.11 Col$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 472,964.66 Col$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,300,000.00 Col$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.62 |
These data are based on 16 entries from 3 contributors over the past 18 months.
Last update: December 2024
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