Property Prices in Cancun, Mexico

Index Info
Price to Income Ratio: 7.83
Mortgage as Percentage of Income: 93.63%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 8.88
Price to Rent Ratio - Outside of Centre: 12.21
Gross Rental Yield (City Centre): 11.26%
Gross Rental Yield (Outside of Centre): 8.19%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 11,111.11 MXN 5,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 6,504.44 MXN 3,540.00-10,000.00
Apartment (3 bedrooms) in City Centre 18,793.92 MXN 10,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 14,222.22 MXN 10,000.00-25,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,946.56 MXN 999.99-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,765.14 MXN 1,300.63-2,043.85
Salaries And Financing
Average Monthly Net Salary (After Tax) 12,758.83 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.47 8.00-12.00

These data are based on 79 entries in the past 18 months from 14 different contributors.
Last update: March 2023

Sources and References
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