Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 15.10
Mortgage as Percentage of Income: 193.28%
Loan Affordability Index: 0.52
Price to Rent Ratio - City Centre: 13.12
Price to Rent Ratio - Outside of Centre: 15.51
Gross Rental Yield (City Centre): 7.62%
Gross Rental Yield (Outside of Centre): 6.45%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 15,062.50 MXN 12,000.00-21,000.00
Apartment (1 bedroom) Outside of Centre 9,866.67 MXN 8,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 34,166.67 MXN 30,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 16,555.56 MXN 13,000.00-28,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 4,475.99 MXN 4,180.60-4,771.37
Price per Square Feet to Buy Apartment Outside of Centre 3,007.55 MXN 1,590.46-5,574.14
Salaries And Financing
Average Monthly Net Salary (After Tax) 13,333.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-12.00

These data are based on 68 entries in the past 18 months from 13 different contributors.
Last update: April 2024

Sources and References
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3 Comments so far
cj on Mar 08, 2024:
This site inaccurate for 2024, at least for Mexico cities and beach towns, they are at least 3 to years old.
Diamond Glover on Oct 26, 2023:
this site is amazing! I now have an idea of what to expect when I move abroad.
Bill Goldstein on Oct 19, 2023:
Thank you for this site. This is WONDERFUL. BG-Atlanta, Ga