Property Prices in Puerto Vallarta, Mexico

Index Info
Price to Income Ratio: 11.90
Mortgage as Percentage of Income: 161.54%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 13.61
Price to Rent Ratio - Outside of Centre: 9.81
Gross Rental Yield (City Centre): 7.35%
Gross Rental Yield (Outside of Centre): 10.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,009.87 MXN 12,193.23-25,000.00
Apartment (1 bedroom) Outside of Centre 11,530.40 MXN 7,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 34,100.30 MXN 20,902.68-50,000.00
Apartment (3 bedrooms) Outside of Centre 20,052.36 MXN 15,000.00-27,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,083.58 MXN 3,251.58-5,899.95
Price per Square Feet to Buy Apartment Outside of Centre 2,258.08 MXN 1,858.05-3,399.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 16,600.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.43 11.50-14.00

These data are based on 88 entries in the past 18 months from 20 different contributors.
Last update: September 2023

Sources and References
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