Property Prices in Cancun, Mexico

Index Info
Price to Income Ratio: 9.06
Mortgage as Percentage of Income: 115.19%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 7.08
Price to Rent Ratio - Outside of Centre: 13.94
Gross Rental Yield (City Centre): 14.12%
Gross Rental Yield (Outside of Centre): 7.17%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,803.69 MXN 6,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 7,722.22 MXN 3,500.00-15,000.00
Apartment (3 bedrooms) in City Centre 21,528.40 MXN 12,500.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 15,888.89 MXN 12,000.00-20,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,782.89 MXN 999.99-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 2,322.56 MXN 1,858.05-3,716.09
Salaries And Financing
Average Monthly Net Salary (After Tax) 12,194.12 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.40 10.00-11.50

These data are based on 92 entries in the past 18 months from 17 different contributors.
Last update: November 2023

Sources and References
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