Property Prices in Colima, Mexico

Index Info
Price to Income Ratio: 2.23
Mortgage as Percentage of Income: 21.09%
Loan Affordability Index: 4.74
Price to Rent Ratio - City Centre: 7.12
Price to Rent Ratio - Outside of Centre: 8.56
Gross Rental Yield (City Centre): 14.05%
Gross Rental Yield (Outside of Centre): 11.69%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,615.00 MXN 2,000.00-5,230.00
Apartment (1 bedroom) Outside of Centre 2,550.00 MXN 2,000.00-3,100.00
Apartment (3 bedrooms) in City Centre 7,500.00 MXN 3,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 8,315.48 MXN 3,500.00-11,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 557.41 MXN
Price per Square Feet to Buy Apartment Outside of Centre 603.86 MXN
Salaries And Financing
Average Monthly Net Salary (After Tax) 14,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.20

These data are based on 14 entries in the past 18 months from 3 different contributors.
Last update: March 2020

Sources and References
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