Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 19.05
Mortgage as Percentage of Income: 267.87%
Loan Affordability Index: 0.37
Price to Rent Ratio - City Centre: 14.81
Price to Rent Ratio - Outside of Centre: 14.63
Gross Rental Yield (City Centre): 6.75%
Gross Rental Yield (Outside of Centre): 6.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,298.66 MXN 9,000.00-19,820.30
Apartment (1 bedroom) Outside of Centre 6,678.57 MXN 5,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 21,108.73 MXN 15,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 15,846.15 MXN 8,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,613.90 MXN 2,647.71-5,574.14
Price per Square Feet to Buy Apartment Outside of Centre 2,264.49 MXN 1,858.05-2,973.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,302.39 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.00 8.90-22.00

These data are based on 111 entries in the past 18 months from 25 different contributors.
Last update: January 2021

Sources and References
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