Property Prices in Cozumel, Mexico

Index Info
Price to Income Ratio: 13.46
Mortgage as Percentage of Income: 177.82%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 16.15
Price to Rent Ratio - Outside of Centre: 14.50
Gross Rental Yield (City Centre): 6.19%
Gross Rental Yield (Outside of Centre): 6.89%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 9,000.00 MXN
Apartment (1 bedroom) Outside of Centre 6,000.00 MXN 5,500.00-6,500.00
Apartment (3 bedrooms) in City Centre 20,000.00 MXN 15,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 24,133.33 MXN 8,500.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,257.17 MXN 2,322.56-4,191.78
Price per Square Feet to Buy Apartment Outside of Centre 2,743.97 MXN 2,515.07-2,972.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.00 11.50-12.50

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: January 2024

Sources and References
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1 Comments so far
Amanda Taylor on Jan 25, 2024:
This site is very helpful. Thank you for all of the information