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

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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 8,176.00 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

Sources and References
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