Property Prices in Playa del Carmen, Mexico

Index
Price to Income Ratio:	24.97
Mortgage as Percentage of Income:	361.76%
Loan Affordability Index:	0.28
Price to Rent Ratio - City Centre:	17.81
Price to Rent Ratio - Outside of Centre:	23.24
Gross Rental Yield (City Centre):	5.61%
Gross Rental Yield (Outside of Centre):	4.30%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	13,061.26 MXN	10,000.00-16,082.08
Apartment (1 bedroom) Outside of Centre	6,000.00 MXN	5,000.00-7,000.00
Apartment (3 bedrooms) in City Centre	23,250.00 MXN	18,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre	13,142.86 MXN	10,000.00-18,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	4,692.20 MXN	2,787.07-6,503.16
Price per Square Feet to Buy Apartment Outside of Centre	3,101.77 MXN	2,010.24-4,645.11
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	8,400.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.50	12.00-15.00

These data are based on 63 entries in the past 18 months from 14 different contributors.
Last update: May 2021

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, 2019)
GDP Per Capita ($) :	19,900.00
GDP Growth Rate:	2.00%
Population Growth Rate:	1.12%