Property Prices in Playa del Carmen, Mexico

Index Info
Price to Income Ratio: 11.89
Mortgage as Percentage of Income: 145.68%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 7.98
Price to Rent Ratio - Outside of Centre: 14.45
Gross Rental Yield (City Centre): 12.54%
Gross Rental Yield (Outside of Centre): 6.92%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 17,153.85 MXN 11,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 11,100.00 MXN 8,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 33,750.00 MXN 25,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 17,000.00 MXN 13,000.00-30,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,889.06 MXN 899.99-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 3,032.73 MXN 1,666.02-5,574.14
Salaries And Financing
Average Monthly Net Salary (After Tax) 13,400.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.83 10.00-12.00

These data are based on 76 entries in the past 18 months from 18 different contributors.
Last update: May 2023

Sources and References
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