Property Prices in Ajijic, Mexico

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Index Info
Price to Income Ratio: 22.35
Mortgage as Percentage of Income: 353.11%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 9.65
Price to Rent Ratio - Outside of Centre: 9.42
Gross Rental Yield (City Centre): 10.36%
Gross Rental Yield (Outside of Centre): 10.62%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 15,602.64 MXN 14,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 12,033.14 MXN 10,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 29,313.07 MXN 24,000.00-35,809.41
Apartment (3 bedrooms) Outside of Centre 25,772.05 MXN 20,000.00-32,595.74
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,112.54 MXN 2,754.55-3,369.43
Price per Square Feet to Buy Apartment Outside of Centre 2,492.87 MXN 2,020.00-2,754.55
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 15.00

These data are based on 48 entries from 10 contributors over the past 18 months.
Last update: 24 May 2025

Sources and References
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3 Comments so far
Terry Winter on Sep 19, 2025:
I would like to see real estate for sale in AJIIJIC Mexico
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.