Property Prices in La Paz, Mexico

Index Info
Price to Income Ratio: 5.62
Mortgage as Percentage of Income: 68.15%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 5.82
Price to Rent Ratio - Outside of Centre: 5.36
Gross Rental Yield (City Centre): 17.19%
Gross Rental Yield (Outside of Centre): 18.67%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,875.00 MXN 12,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 8,600.00 MXN 8,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 32,500.00 MXN 30,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 15,303.02 MXN 9,212.09-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,858.05 MXN
Price per Square Feet to Buy Apartment Outside of Centre 929.02 MXN
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,333.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.67 9.00-11.50

These data are based on 33 entries in the past 18 months from 7 different contributors.
Last update: July 2024

Sources and References
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