Property Prices in Santa Marta, Colombia
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| Index |  |
|---|---|
| Price to Income Ratio: | 18.18 |
| Mortgage as Percentage of Income: | 190.98% |
| Loan Affordability Index: | 0.52 |
| Price to Rent Ratio - City Centre: | 18.83 |
| Price to Rent Ratio - Outside of Centre: | 22.38 |
| Gross Rental Yield (City Centre): | 5.31% |
| Gross Rental Yield (Outside of Centre): | 4.47% |
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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 | 1,421,499.72 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 | 415,859.79 Col$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 462,401.43 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 in the past 18 months from 3 different contributors.
Last update: December 2024
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