Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 21.31
Mortgage as Percentage of Income: 360.51%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 22.10
Price to Rent Ratio - Outside of Centre: 11.35
Gross Rental Yield (City Centre): 4.53%
Gross Rental Yield (Outside of Centre): 8.81%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 11,105.60 MXN 8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 6,250.00 MXN 5,000.00-8,000.00
Apartment (3 bedrooms) in City Centre 19,540.08 MXN 10,000.00-33,471.32
Apartment (3 bedrooms) Outside of Centre 28,480.07 MXN 20,000.00-35,440.22
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,923.82 MXN
Price per Square Feet to Buy Apartment Outside of Centre 2,428.91 MXN 1,904.50-2,953.33
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,286.68 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.25 8.90-22.00

These data are based on 35 entries in the past 18 months from 10 different contributors.
Last update: June 2021

Sources and References
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