Property Prices in Morelia, Mexico
| Index |  |
|---|---|
| Price to Income Ratio: | 9.31 |
| Mortgage as Percentage of Income: | 126.98% |
| Loan Affordability Index: | 0.79 |
| Price to Rent Ratio - City Centre: | 29.52 |
| Price to Rent Ratio - Outside of Centre: | 27.79 |
| Gross Rental Yield (City Centre): | 3.39% |
| Gross Rental Yield (Outside of Centre): | 3.60% |
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| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 3,666.67 MXN | |
| Apartment (1 bedroom) Outside of Centre | 1,975.00 MXN | |
| Apartment (3 bedrooms) in City Centre | 6,062.50 MXN | |
| Apartment (3 bedrooms) Outside of Centre | 4,944.44 MXN | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 2,113.53 MXN | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,308.06 MXN | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 9,885.71 MXN | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 12.50 |
These data are based on 75 entries in the past 18 months from 14 different contributors.
Last update: August 2020
Sources and References
This page in other languages:
DeutschImmobilienpreise in Morelia
PortuguêsPreços de Imóveis em Morelia
ItalianoPrezzi delle proprietà immobiliari a Morelia
FrançaisPrix de l'immobilier à Morelia
EspañolPrecios de Inmuebles en Morelia
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