Property Prices in Playa del Carmen, Mexico

Index
Price to Income Ratio:	8.96
Mortgage as Percentage of Income:	124.12%
Loan Affordability Index:	0.81
Price to Rent Ratio - City Centre:	7.01
Price to Rent Ratio - Outside of Centre:	9.83
Gross Rental Yield (City Centre):	14.27%
Gross Rental Yield (Outside of Centre):	10.18%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	16,631.87 MXN	11,910.51-20,000.00
Apartment (1 bedroom) Outside of Centre	9,750.00 MXN	6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre	32,000.00 MXN	18,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre	16,625.00 MXN	12,000.00-30,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,435.07 MXN	899.99-3,970.14
Price per Square Feet to Buy Apartment Outside of Centre	1,895.77 MXN	1,844.19-1,985.07
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	13,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	12.75	10.50-15.00

These data are based on 39 entries in the past 18 months from 9 different contributors.
Last update: June 2022

Sources and References

Nearby cities:

Property Prices in Cancun	43.05 miles
Property Prices in Merida	223.09 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	19,796.00
GDP Growth Rate:	-0.30%
Population Growth Rate:	1.04%