Property Prices in Santa Marta, Colombia

Index Info
Price to Income Ratio: 19.23
Mortgage as Percentage of Income: 202.00%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 19.82
Price to Rent Ratio - Outside of Centre: 23.04
Gross Rental Yield (City Centre): 5.05%
Gross Rental Yield (Outside of Centre): 4.34%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 966,666.67 Col$ 400,000.00-1,300,000.00
Apartment (1 bedroom) Outside of Centre 1,488,540.60 Col$ 250,000.00-3,415,621.81
Apartment (3 bedrooms) in City Centre 2,230,854.00 Col$ 1,200,000.00-3,092,562.00
Apartment (3 bedrooms) Outside of Centre 933,333.33 Col$ 600,000.00-1,300,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 437,606.44 Col$ 301,991.44-573,221.44
Price per Square Feet to Buy Apartment Outside of Centre 491,332.66 Col$
Salaries And Financing
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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 18 entries in the past 18 months from 4 different contributors.
Last update: November 2024

Sources and References
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