Property Prices in Playa del Carmen, Mexico

Index Info
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
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
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
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