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 879.84 $ 700.95-1,226.66
Apartment (1 bedroom) Outside of Centre 576.33 $ 467.30-876.18
Apartment (3 bedrooms) in City Centre 1,995.75 $ 1,752.37-2,336.49
Apartment (3 bedrooms) Outside of Centre 967.05 $ 759.36-1,635.54
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 261.45 $ 244.20-278.71
Price per Square Feet to Buy Apartment Outside of Centre 175.68 $ 92.90-325.60
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 778.83 $
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