Since how much an apartment is in 10% more expensive: luxury threshold in 51 Latin American and Portugal cities (October 2026)
Machine-assisted English version of the Spanish original by Aptología. All figures are locked to the original (numbers are copied, not re-translated); if in doubt, the Spanish original prevails.
To be in the 10% most expensive of the offer, an apartment for sale has to order at least USD 1,673,535 in Lisbon (Portugal), the highest threshold of 51 cities; in Soacha (Colombia) it is sufficient to have USD 72,263. Where the most luxury is separated from the typical market is Buenos Aires (Argentina): the threshold is 3.3 times the median.
Abstract: We calculate the percentile 90 of the price of 186,421 apartments for sale in 51 cities with 300 ads or more.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.

Summary
| Indicator | Value |
|---|---|
| Highest threshold | Lisbon (Portugal): USD 1,673,535 |
| Lower threshold | Soacha, Colombia: USD 72,263 |
| Increased distance to medium | Buenos Aires, Argentina: 3.3 × |
Threshold of 10% most expensive per city
| City | The most expensive 10% threshold (P90) | Median | P90-median | Announcements |
|---|---|---|---|---|
| Lisbon, Portugal | USD 1,673,535 | USD 741,895 | 2.3 | 1,583 |
| Porto (Portugal) | USD 1,144,317 | USD 477,735 | 2.4 | 625 |
| Punta del Este (Uruguay) | USD 1,027,200 | USD 360,000 | 2.9 | 5,198 |
| Bogotá, Colombia | USD 722,633 | USD 235,641 | 3.1 | 31,911 |
| Caracas, Venezuela | USD 650,000 | USD 240,000 | 2.7 | 1,503 |
| Santiago (Chile) | USD 645,488 | USD 291,308 | 2.2 | 7,959 |
| Medellín (Colombia) | USD 565,539 | USD 263,918 | 2.1 | 20,940 |
| Cartagena, Colombia | USD 563,340 | USD 251,351 | 2.2 | 6,126 |
| Mexico City, Mexico | USD 553,257 | USD 270,234 | 2.0 | 7,877 |
| Buenos Aires, Argentina | USD 550,000 | USD 165,000 | 3.3 | 8,308 |
| Santo Domingo (Dominican Republic) | USD 550,000 | USD 240,000 | 2.3 | 6,757 |
| Envigado (Colombia) | USD 459,658 | USD 257,635 | 1.8 | 5,788 |
| Punta Cana (Dominican Republic) | USD 456,480 | USD 210,000 | 2.2 | 469 |
| Lima, Peru | USD 440,107 | USD 180,933 | 2.4 | 6,265 |
| Montevideo, Uruguay | USD 436,900 | USD 185,000 | 2.4 | 4,642 |
| Santa Marta (Colombia) | USD 436,722 | USD 188,513 | 2.3 | 3,920 |
| Cali (Colombia) | USD 392,736 | USD 135,101 | 2.9 | 9,505 |
| El Retiro (Colombia) | USD 386,452 | USD 229,358 | 1.7 | 621 |
| Asunción (Paraguay) | USD 356,258 | USD 140,000 | 2.5 | 5,833 |
| Guayaquil, Ecuador | USD 350,000 | USD 165,000 | 2.1 | 978 |
| Barranquilla (Colombia) | USD 345,607 | USD 141,385 | 2.4 | 7,903 |
| Rionegro (Colombia) | USD 307,905 | USD 163,378 | 1.9 | 3,052 |
| Santiago (Dominican Republic) | USD 300,000 | USD 178,000 | 1.7 | 550 |
| Quito, Ecuador | USD 292,000 | USD 145,000 | 2.0 | 2,337 |
| Cuenca, Ecuador | USD 285,000 | USD 137,250 | 2.1 | 398 |
| Bucaramanga, Colombia | USD 282,770 | USD 135,101 | 2.1 | 2,509 |
| Pereira, Colombia | USD 281,199 | USD 136,672 | 2.1 | 4,450 |
| Arequipa (Peru) | USD 265,042 | USD 145,931 | 1.8 | 524 |
| Manizales (Colombia) | USD 255,761 | USD 141,385 | 1.8 | 2,824 |
| La Paz, Bolivia | USD 255,000 | USD 130,000 | 2.0 | 481 |
| Armenia, Colombia | USD 245,067 | USD 119,392 | 2.1 | 2,320 |
| Sabaneta (Colombia) | USD 241,925 | USD 172,804 | 1.4 | 4,393 |
| Villavicencio (Colombia) | USD 235,641 | USD 87,973 | 2.7 | 364 |
| Floridablanca (Colombia) | USD 230,457 | USD 138,243 | 1.7 | 939 |
| Monteria (Colombia) | USD 222,760 | USD 122,533 | 1.8 | 332 |
| Santa Cruz de la Sierra (Bolivia) | USD 214,428 | USD 100,000 | 2.1 | 1,868 |
| Ibagué (Colombia) | USD 213,648 | USD 103,682 | 2.1 | 1,260 |
| Cajicá (Colombia) | USD 210,506 | USD 122,533 | 1.7 | 1,526 |
| Itagüí (Colombia) | USD 207,364 | USD 147,669 | 1.4 | 2,019 |
| La Estrella (Colombia) | USD 194,797 | USD 141,385 | 1.4 | 565 |
| La Ceja (Colombia) | USD 183,329 | USD 131,959 | 1.4 | 314 |
| Cochabamba (Bolivia) | USD 180,000 | USD 88,250 | 2.0 | 374 |
| Chia (Colombia) | USD 177,516 | USD 105,253 | 1.7 | 1,512 |
| Cúcuta (Colombia) | USD 172,804 | USD 87,973 | 2.0 | 666 |
| Bello, Colombia | USD 163,378 | USD 106,824 | 1.5 | 2,347 |
| Mosquera (Colombia) | USD 144,684 | USD 100,540 | 1.4 | 819 |
| Two-broken (Colombia) | USD 135,101 | USD 81,689 | 1.7 | 614 |
| Jamundí, Colombia | USD 131,802 | USD 65,980 | 2.0 | 476 |
| Zipaquirá (Colombia) | USD 128,000 | USD 86,402 | 1.5 | 825 |
| Madrid, Colombia | USD 100,697 | USD 65,980 | 1.5 | 480 |
| Soacha, Colombia | USD 72,263 | USD 53,412 | 1.4 | 572 |
P90 = percentile 90 of the price requested, in the majority currency of each city converted to dollars.
Frequently asked questions
From what price is a luxury apartment in Latin America? Depends on the city: 10% most expensive starts in USD 1,673,535 in Lisbon (Portugal) and USD 72,263 in Soacha (Colombia).
And in Bogotá? From USD 722,633.
Methodology
- Source: night events of the Aptology database (aptologia.com) of 18 October 2026: current housing ads in real estate portals of 13 countries, collected by Aptology and seen online between 11 and 18 October 2026. Court: 18 October of 2026.
- Debugging: exact duplicates (same city, area, type, price, currency, area, rooms and bathrooms) and prices outside the percentile 1 - 99 of each country, operation, currency and type are removed; the price per m² uses only ads with declared area between 12 and 2,000 m² and is also cut to P1-P99.
- What is measured: prices ordered (published), not closing prices. For rent, monthly rent without HOA fee, common expenses or condo.
- Minimum sample: each published figure is based on at least 30 ads; cells with less are omitted.
- Coins: never mix different coin ads without converting them. Conversión a dólares con la tasa de mercado de ExchangeRate-API (open.er-api.com, actualización del 18 Oct 2026): 1 USD = 3,182.80 COP, 1 USD = 18.47 M.N, 1 USD = 5.09 BRL, 1 USD = 3.44 PEN, 1 USD = 982.44 CLP, 1 USD = 1,514.57 ARS, 1 USD = 40.20 UYU, 1 USD = 5,705.37 PYG, 1 USD = 61.27 DOP, 1 USD = 0.89 EUR, 1 USD = 11.72 BOB; la UF chilena a 41,178.64 CLP (mindicador,cl. 18-oct-2026). The ads published in dollars are used as they are.
- Coins: In each city and operation only the majority currency of the ads is used (the ads in another currency are excluded) and the median is converted to dollars at the rate mentioned; no different currency ads are ever averaged.
- Limitations: The coverage depends on the portals that travel Aptology in each country and is greater in large cities and in the medium-high and high segments; the area is the one that declares the announcement, unverified; the area names come from the portals.
- Privacy: only aggregates are published; no personal data, link to ads or name of advertiser is published.
- Open data: datos.csv, CC BY license 4. 0.
How to quote
Pinzón Pineda, D. M. (2026). Since how much an apartment is in 10% more expensive: luxury threshold in 51 Latin American and Portugal cities (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/umbral-del-apartamento-de-lujo-ciudades-latinoamerica-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- DOI: 10.5281/zenodo.23475807 (Zenodo)
- Original study (Spanish): Desde cuánto un apartamento está en el 10 % más caro: umbral de lujo en 51 ciudades de Latinoamérica y Portugal (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/umbral-del-apartamento-de-lujo-ciudades-latinoamerica-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/umbral-del-apartamento-de-lujo-ciudades-latinoamerica-2026