Property Prices in Sal, Cape Verde

Find out actual data about & Safety Index in Sal, Cape Verde

Price to Income Ratio 13.94
Mortgage as Percentage of Income 211.09%
Loan Affordability Index 0.47
Price to Rent Ratio – City Centre 15.46
Price to Rent Ratio – Outside of Centre 17.14
Gross Rental Yield (City Centre) 6.47%
Gross Rental Yield (Outside of Centre) 5.83%
country data (source The World Bank, 2021)
GDP Per Capita ($) 7,172.00
GDP Growth Rate 4.00%
Population Growth Rate 1.24%

Rent Per Month in Cape Verde

Apartment (1 bedroom) in City Centre 295.71$ 245.95$ – 386.38$
Apartment (1 bedroom) Outside of Centre 190.15$ 147.57$ – 386.38$
Apartment (3 bedrooms) in City Centre 438.27$ 300.27$ – 551.98$
Apartment (3 bedrooms) Outside of Centre 300.64$ 200.18$ – 551.98$

Buy Apartment Price in Cape Verde

Price per Square Meter to Buy Apartment in City Centre 918.22$ 787.04$ – 983.8$
Price per Square Meter to Buy Apartment Outside of Centre 672.27$ 541.09$ – 836.23$

Salaries And Financing in Cape Verde

Average Monthly Net Salary (After Tax) 285.2$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.25$ 6$ – 20$

These data are based on 3523 entries in the past 34 months from 379 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Sal in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Sal. According to statistics, the average price per square meter of property in Sal is around 918$
in the city center and 190$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 295$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 7%.
While carrying some premium over national averages, overall housing in Sal remains mid-range compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

Sal Weather

Sal Map

Property Prices Rates & Safety Index in Cape Verde

Check Cost of Living & Quality of Life Index for Sal

Safety Index in Sal

Health Care in Sal

Pollution Index in Sal

Quality of life in Sal

Cost of Living in Sal