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Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property - Venezuela Compared to Continent

Footnote

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Paraguay 35 yrs
Honduras 23 yrs
Brazil 16 yrs
Chile 13 yrs
Mexico 13 yrs
Argentina 12 yrs
Nicaragua 12 yrs
Uruguay 11 yrs
El Salvador 11 yrs
Costa Rica 11 yrs
Peru 11 yrs
Panama 9 yrs
Ecuador 8 yrs
Guatemala 8 yrs
Colombia 8 yrs
Venezuela 8 yrs

 

 

Venezuela: Price/rent ratio

This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.

When wereas theise data collected? Click on individual countries to see the data collection date.

 

Venezuela has no house price statistics, but there are construction cost time-series at the Banco Central de Venezuela site, which also has general statistics. There are also statistics at the Instituto Nacional de Estadistíca under the Ministerio del Poder Popular para la Planificación y Desarrollo.




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