Property Prices in Ajijic, Mexico

Index Info
Price to Income Ratio: ?
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: ?
Price to Rent Ratio - Outside of Centre: ?
Gross Rental Yield (City Centre): ?
Gross Rental Yield (Outside of Centre): ?

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Rent Per Month
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Apartment (1 bedroom) in City Centre 14,545.30 MXN 12,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 11,352.79 MXN 10,000.00-12,482.25
Apartment (3 bedrooms) in City Centre 24,900.69 MXN 20,803.75-30,000.00
Apartment (3 bedrooms) Outside of Centre 17,700.94 MXN 14,562.62-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ?
Price per Square Feet to Buy Apartment Outside of Centre ?
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,750.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 11.50-11.50

These data are based on 39 entries in the past 18 months from 9 different contributors.
Last update: March 2024

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2 Comments so far
Susan McCrary on Jul 03, 2021:
Mortgages in Mexico are rare and interest rates high. Houses are typically purchased by cash. Annual real estate taxes are very low compared to the USA.
Susan McCrary on Jul 03, 2021:
I am living in West Ajijic. The most common size house or apartment is 2 bedroom. We purchased a 2 bedroom 2 bath house about 1400 sq feet last December. It has a patio and a Mirador. It was a little over $190000USD.