The rent prices in real estate in Cordova, in the Cebu region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Cordova has fallen during the last 6 months. In October, the average price per m² was ₱ 381.06. In the following month the price per m² fell to ₱ 346.94. The price for the following two months in (December, January) had a considerable fall of 74 with regard to the previous two months. The price per m² has had a considerable rise of 117 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 317.35 to ₱ 371.23 during February, and March.
When referring to the price in Cordova (cities), this has risen in the last 6 months. The rent price in October is ₱ 52,600, rising in November till ₱ 56,167. During the following two months (December, January) the average price had a considerable rise of 127 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 61,848 to ₱ 42,298, which means a 68 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 23 % more affordable than the average price of ₱ 22,420 in Cordova. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 23 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 15 % more affordable than the average price of (₱ 330 / m²) in Cordova. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 15 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 29,167 it is 30 % more affordable than the average price in Cordova. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condominium". At a price of ₱ 20,481 it is 23 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 170 / m² followed by "House" priced at ₱ 330 / m². "House" is the most affordable type of property with a ₱ 330 / m² value followed by "Condominium" with an average price of ₱ 170 / m².
