Property Prices in Colima, Mexico

Index
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:	8.64
Gross Rental Yield (City Centre):	14.05%
Gross Rental Yield (Outside of Centre):	11.57%

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	8,176.00 MXN	3,500.00-11,000.00
Buy Apartment Price	[ Edit ]
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	[ Edit ]
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

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